Category: Vellis News

Automated payment reconciliation means automatically matching direct debit collections with bank or provider results, then posting the correct entries into your accounting system. With direct debit reconciliation, teams avoid manual checks, spreadsheet errors, and slow cash posting. Automation matters because it saves time, reduces posting mistakes, speeds up cash application, keeps AR aging accurate, and…

Direct debit customer onboarding is getting online authorization to collect payments automatically. It speeds activation, reduces drop-offs, lowers admin, and decreases payment failures. Digital records strengthen audit trails. This guide covers what a digital mandate is, step-by-step onboarding flows, compliance basics, common friction points, and a practical checklist for smooth, efficient rollout. Direct Debit Customer…

Direct debit compliance means following scheme rules and legal requirements so every debit is authorised, traceable, and defensible. When done properly, it reduces disputes and reversals, limits fraud risk, supports smoother audits, and keeps payment operations stable. This guide explains the key compliance pillars, valid mandates, advance notice, clear records, secure data handling, and fair…

Buy Now Pay Later (BNPL) has quickly moved from a niche checkout option to a mainstream payment method across ecommerce, services, and digital platforms. As more merchants adopt installment-based payments, operational questions around disputes and refunds are becoming increasingly important.  Among these challenges, BNPL chargebacks now represent a growing area of focus for merchants, providers,…

A true all-in-one payment processing stack uses a single integration for cards, bank transfers, wallets, and BNPL, with unified reporting, payouts, and dispute handling. This checklist helps international merchants avoid juggling multiple providers by focusing on coverage, conversion, settlement, cost transparency, and operational control. The goal is higher approvals, smoother reconciliation, fewer support issues, and…

Buy Now Pay Later (BNPL) services have moved rapidly from niche checkout options to mainstream payment tools used across ecommerce, retail stores, travel platforms, and service-based businesses.  Their appeal is easy to understand: fast approvals, flexible installments, and transparent payment schedules that feel more approachable than traditional credit products. As adoption accelerates, however, so does…

ACH debit and direct debit are both bank-based payment methods that let businesses pull funds directly from a customer’s account after authorization. When comparing ACH debit vs direct debit, the confusion usually comes from terminology rather than how the payments actually work. In this guide, we’ll break down how each method operates, how they differ…

Businesses want reliable recurring payments, but traditional bank debits often slow things down. Setup can take days, changes are rigid, and failed payments may surface too late. This is why many businesses are now exploring open banking direct debit as a more flexible option for recurring collections. Open banking payments let customers approve bank-to-bank payments…

When a customer challenges a bank debit and the funds are reversed, that event is commonly referred to as direct debit chargebacks. These disputes matter because they directly affect cash flow, increase administrative workload, introduce fees, and can damage customer trust if they’re not handled smoothly. For merchants, disputes can disrupt revenue forecasting and reconciliation,…