Author: Vellis Team

  • Direct Debit vs Standing Order: Key Differences Explained

    Direct Debit vs Standing Order: Key Differences Explained

    Direct Debit and Standing Order are two widely used bank-based tools that help automate recurring payments such as bills, subscriptions, or regular transfers. At first glance they may look alike, but direct debit vs standing order notions differ clearly in who controls the payment, how flexible the setup is, how changes are made, and how…

  • Direct Debit Security: Fraud Prevention & Safe Payment Authorization

    Direct Debit Security: Fraud Prevention & Safe Payment Authorization

    Direct debit is an automated bank-to-bank payment method that allows businesses to collect payments only after a customer gives clear authorization. Both businesses and customers rely on secure debit systems to make sure money moves safely and only when permission exists. Strong security mechanisms, regulatory rules, and fraud-prevention checks are in place to protect everyone…

  • How SMEs Can Benefit from Modern Direct Debit Solutions

    How SMEs Can Benefit from Modern Direct Debit Solutions

    Direct debit is an automated, bank-to-bank payment method that lets businesses collect recurring or scheduled payments once a customer gives approval. Many SMEs rely on automation to keep cash flow steady, cut down manual admin work, and avoid late or missed payments. Today, modern platforms make direct debit for SME simple to use, even without…

  • What Is a Direct Debit Mandate? Setup, Management & Compliance

    What Is a Direct Debit Mandate? Setup, Management & Compliance

    A direct debit mandate is a customer’s formal approval that allows a business to collect payments automatically from a bank account. It forms the legal and operational base of recurring billing across SEPA, ACH, Bacs, and similar frameworks. How a mandate is set up, stored, and validated decides whether debit transactions remain compliant and secure…

  • Improving Customer Experience with Seamless BNPL Checkout

    Improving Customer Experience with Seamless BNPL Checkout

    Checkout is where interest turns into action. Even small disruptions at this stage can mean lost revenue. As online payments evolve, consumers increasingly expect flexibility, speed, and clarity when completing a purchase.  This is where Buy Now, Pay Later (BNPL) solutions have carved out a powerful role, reshaping expectations around affordability and convenience. When implemented…

  • The Future of Direct Debit: Real-Time Payments, Request-to-Pay & More

    The Future of Direct Debit: Real-Time Payments, Request-to-Pay & More

    The future of direct debit is shaped by a clear shift: recurring billing is moving toward faster confirmation, more customer control, and fewer failed payments, while keeping the simplicity of bank-based collections. Direct debit is a permission that lets a business collect money from a customer’s bank account on agreed terms. What’s changing is how…

  • How BNPL Providers Evaluate Creditworthiness Without Traditional Credit Scores

    How BNPL Providers Evaluate Creditworthiness Without Traditional Credit Scores

    Buy Now Pay Later (BNPL) has quickly become a popular way for consumers to split purchases into smaller, more manageable payments without relying on traditional credit cards.  Unlike conventional lending, BNPL providers often approve transactions in seconds. This alternative approach has reshaped how affordability, risk, and access are evaluated in modern payments, especially as BNPL…

  • Understanding BNPL Merchant Fees & Cost Structures

    Understanding BNPL Merchant Fees & Cost Structures

    Buy Now Pay Later (BNPL) has become a mainstream payment option for both online and in-store businesses, offering customers the flexibility to split purchases into installments while merchants receive upfront payment.  As adoption grows across retail, services, and digital commerce, understanding how BNPL pricing works has become essential for merchants evaluating whether this payment method…

  • Does Using Buy Now Pay Later Affect Your Credit Score?

    Does Using Buy Now Pay Later Affect Your Credit Score?

    Buy Now Pay Later (BNPL) has quickly become a go-to payment option for consumers shopping both online and in physical stores. Whether you’re splitting the cost of sneakers into four payments or spreading out a larger purchase over several months, BNPL promises convenience and flexibility without the immediate burden of full payment.  As adoption grows,…

  • Using Direct Debit for Subscription and Recurring Billing Models

    Using Direct Debit for Subscription and Recurring Billing Models

    Direct debit has become one of the most reliable payment methods for businesses that depend on predictable, recurring revenue. Unlike card payments, direct debit enables automated bank-to-bank transfers that businesses can initiate after receiving proper authorization.  It has become especially valuable for subscription-based companies that need consistent cash flow while minimizing payment friction and involuntary…