Automate Digital Direct Debits set up and reinstatement

Turn your direct debit process into a source of efficiency. Eliminate costly errors, indemnity claims, and the possibility of fraud. Get rapid returns and savings, and respond better to the cost of living crisis with OneID®. 

Tap into savings you didn’t know existed with OneID®

Sales direct debits

Eliminate the cost of resolving errors

Each error costs up to £50 to resolve. OneID® enables zero data entry direct debit setups – eliminating the possibility of errors.

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Reduce the possibility of indemnity claims

The authenticity of manually set up direct debits could be disputed. A digital direct debit set up using OneID® creates evidence to protect you against indemnity claims.  

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Minimise the cost of fraud 

Banks claim back from businesses the amount they’ve reimbursed customers for fraudulent transactions. OneID®’s multi-factor authentication helps you be sure your customer is who they say they are. 

 

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Decrease operational costs

Free up your resources and cut operational costs tied to manually verifying, setting up and reinstating direct debit mandates by directly capturing the information from the customer’s bank.

A compelling business case

 OneID®s solution offers a rapid return on time invested delivering a compelling business case for these times of a cost of living crisis:

Set up and reinstate direct debits in a matter of seconds

OneID® uses open banking rails and bank-verified data to capture the information needed directly from the customer's bank and share it to create the direct debit instruction - in a matter of seconds.

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Stand out with an enhanced customer experience

OneID® is the UK’s only document-free and truly digital identity verification service. Enable your customers to set up direct debits without having to switch devices or look for their account details.  

Secure your business and customers

OneID® requires the user to log in to their mobile or online banking, using their banks biometric verification. Use the same level of security that banks use to protect your business and your customers.  

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How can automating your direct debit setups and reinstatements with OneID® protect your bottom lines?  

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Watch OneID® in Action

 

Contact us today to set up a demo

See how OneID® can reduce your costs in operations and move your processes to the digital age.

Fast. Forward. Performance.  

Leading digital native brands, organisations that are the cornerstones of the UK economy, and enterprises that are looking to add document-less identification, prefer OneID® for their identity verification solution. 

 

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Curious what integrating OneID® could mean for your DD business? Meet with our expert.