Financial Services
Rapidata provides secure outsourced direct debit management and processing services for the financial services industry, helping you streamline processes, reduce costs, maximise income and engage with your customers.
For financial services companies Rapidata’s paper based and online direct debit solutions provide an easy, safe and reliable way for your customers to set up one-off, intermittent or regular payments. Comprehensive reporting and custom formatted data feeds provide complete status information on all direct debits claimed or cancelled within each collection period. Acknowledgements, documents, reminders, gifts, news or information can all be triggered according to pre-set criteria.
For IFAs Rapidata’s direct debit solutions provide you an easy way to invoice your clients. Whether your fees are incurred as regular or one-off payments, direct debit provides a convenient, secure way for your clients to pay. It’s easy for you too as you’ll receive payment quicker and won’t have to chase late payments or make trips to the bank to deposit cheques. Rapidata’s trigger service will ensure renewal notices, reminders, and regulatory documents are sent at the optimum time. You can also use the service to build customer loyalty and encourage referrals or repeat business by sending news, special offers, or discounts or gifts when specific criteria are met.
To ensure you get the very best from our services, all Rapidata clients have a dedicated Account Manager. Your account manager works with you to understand your needs, present ideas, and oversee the setup and ongoing management of all services. We take a flexible approach and tailor our solutions to suit you, so you can outsource as much or as little as you need. For example, you can opt for transaction processing with or without full database management, use our fulfilment services with data provided by you or by us, or simply take a data feed from us and fulfil using your own in-house facilities.
Rapidata services for the financial services industry:
- manage your direct debit income using Rapidata’s direct debit payment processing and reporting service
- accept paperless direct debits via your website
- build effective communications to help retain customers with our trigger service
- deliver messages and information to your customers using our fulfilment service
Read more about the benefits of direct debit and direct debit outsourcing
Rapidata Services Plc is a BACS Affiliate and a BACS Approved Bureau. Find out what this means