Bacs Payment Videos

Why Choose Bacsactive-IP to process your Bacs payments?
Aug 03, 2010
Richard Cogswell of Accountis explains why businesses should choose Bacsactive-IP to process Bacstel-IP transactions.

Fully Automate Your Bacstel-IP Payments with Workflow
Jul 29, 2010
Anthony Campbell talks about the Bacsactive-IP Workflow module and how it can be used with Bacsactive-IP Enterprise to automate Bacs payment processes

Late payments affecting small firms
Apr 23, 2010
Small and medium sized businesses (SMEs) and self-employed contractors in the UK are waiting longer for invoices to be settled. Research by Bacs Payment Schemes Limited (BACS) found, on average, SMEs are paid around 41 days after their original agreed payment terms. This is 9.5 days longer than the average recorded by Bacs in 2009. It also found unsurprisingly that large companies are the main culprits for not paying up on time. Michael Chambers, managing director of Bacs said: "Small businesses rely on receiving payments on time so that they can maintain cash flow and ensure the business can run on a day-to-day basis." If you want advice on how to manage late payments, call the team at Excellium Umbrella today.

PayYOURway.org.uk: different ways to pay - Electronic Payments
May 03, 2011
The internet means money can now be transferred at the click of a button. Direct Debit, standing orders, online/ phone payments, CHAPS and Bacs have all helped make payments quicker and easier. To find out more about different ways to pay go to PayYOURway.org.uk

Bankpay_demo.mov
Dec 09, 2011
Unified Software's Bacs payment gateway software - BankPay-IP.

Bank Wizard - Experian
Apr 27, 2011
If you are making high volume or high value Direct Debit, Direct Credit or cross-border payments, Bank Wizard greatly reduces the time and risk associated with administering rejected payments, delivering significant cost savings and improvements to your customer service and customer acquisition process.

Bank Wizard Global - Experian
Apr 27, 2011
Whether you operate in a single domestic country or across several international locations, the quality of your electronic payments data will impact your cash management and business efficiency. Getting your payments data right will deliver improved Straight-Through-Processing, reduce your business risk and lower your costs. Bank Wizard validates bank account details for over 50 countries and territories, including all 31 SEPA countries and the whole of Europe. Supporting inter-bank and international clearing systems, it facilitates domestic Direct Debit and Direct Credit transfer as well as cross-border payments. Additional bank and branch BIC data is also available through Bank Wizard, helping you to complete missing information for international payments. Bank Wizard's Global BIC look-up facility will enable you to quickly validate an existing BIC code or find a correct BIC code for your international payments across 228 different countries and territories.

Receiving A Late Payment Demand - Advanced Late Payment Calculator
Dec 08, 2011
When a debtor receives a late payment demand for interest & compensation under the Late Payment of Commercial Debts Interest Act 1988, they can view the claim online and arrange payment to the creditor. The amount the debtor must pay is calculated to today's date.

Payment Validation from Postcode Anywhere
Dec 29, 2011
Does your company or organisation process payments on a regular basis? Watch the short webcast on Postcode Anywhere's Payment Validation service to find out how it could make life a lot easier for your organisation. The presentation covers: the service itself, the benefits, a demonstration and a case study of a current customer and their experiences and savings as a result of using the service. Find out more at www.postcodeanywhere.co.uk

Overview Of The Advanced Late Payment Interest Calculator
Dec 08, 2011
Learn the new features of the Advanced calculator for claiming late payment interest and compensation on commercial debts using the late payment of Commercial Debts Interest Act 1998

Quick Start Guide - Advanced Late Payment Interest Calculator
Dec 29, 2011
Create and track Late Payment Demands quickly and efficiently before committing to costly legal fees. Claims can be created in under 30 seconds and when done, the claim updates interest daily and gives the debtor a visual reminder. Learn more by watching this video.

Bank transfer
Aug 09, 2011
carlstanton's shared video file. A quick guide to making an alternative payment method to cheuqes's the bank transfer, quick, easy and safer

Fees and Payment
Jul 13, 2011

Following BAC's Debit Card Announcement; Citi Announces New Fees on Checking Accounts
Oct 05, 2011
Last week Bank of America (NYSE:BAC) made an announcement that it will start charging customers $5 for debit card usage while Chase Bank (NYSE:JPM) customers who were previous Washington Mutual customers had their checking account changed from Free Extra Checking to Total Checking. Starting in December, Citibank (NYSE:C) customers who have a mid-level account will be charged $20 a month if they fall short to maintain a minimum balance of $15000 in their combined accounts. Previously, account holders had to carry a minimum balance of $6000. Simultaneously, customers who have the bank's EZ Checking account will start being charged $15 a month if they don't carry a minimum balance of $6000. Citi said that it is phasing out the EZ Checking package, which currently carries no monthly fee, and is instead offering customers either the Citibank Account or its Basic Banking account, which also carries a fee. In September, Citi said it is hiking the fee on its Basic Banking account from $8 to $10. Customers will be able to keep away from paying the $10 fee by either continuing a minimum balance of $1500 or by making one direct deposit and one automatic online payment through their checking account each month, the bank also said. Currently account holders must make five online transactions per month in order to avoid paying the fee and there is no minimum balance requirement. Citigroup (NYSE:C) has a potential upside of 102.5% based on a current price of $24.39 and an average ...

Late payments plunge many into debt
Jun 10, 2010
Sole traders who find themselves seeking debt management advice may be wise to consider getting an Individual Voluntary Arrangement (IVA). If they have run up debts of more than £15000, they could benefit from the scheme which allows people to manage their repayments over the course of five years. There is a higher chance of this happening after it was revealed that businesses waste £1.9bn chasing up late payments each year. For many small businesses, weak cash flow poses a bigger insolvency threat than underlying lack of profitability. Bibby Financial Services report that 35 per cent of businesses are finding customers are taking longer to pay invoices than a year ago, causing many to seek debt solutions. The Bankers Automated Clearing Services (BACS) recently announced that small and medium-sized businesses are owed a total of £30.4bn.

Small Business Credit Card Processing - Top Tips on Avoiding Paying More For Transactions
Credit card payments are becoming increasingly common and businesses that incorporate credit card processing (CCP) solutions enjoy considerable increase in sales The retail industry in particular has taken to accepting credit card payments in a huge way

Credit Card Processing - Top Tips on Getting the Most Out of Your Service
Credit card transactions have become a common means of payment for business transactions Earlier, banks were the primary credit card processing agencies

Largest Payment Gateway and Its Advantages
Utilizing the services of a payment gateway such as the Authorize.Net, provides several advantages both on the client and the merchant.