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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Direct Debit is an innovative cloud-driven solution designed for the automated collection of recurring payments directly from the bank accounts of customers, streamlining the payment process for businesses. It features a robust end-to-end system that starts with customizable electronic mandates, which customers can conveniently sign digitally from any device, ensuring a quick and secure authorization process while eliminating the need for paper documentation. After receiving authorization, businesses can issue payment instructions detailing the amounts and schedules, and the system will automatically withdraw funds from customer accounts on the predetermined dates. To enhance security, it incorporates an Account Verification Service (AVS) that checks banking information to mitigate fraud risk, alongside DebiCheck authentication, which helps reduce disputes by confirming mandates in advance. Furthermore, it supports a variety of transaction types, including Same Day and Two-Day EFT debit orders, EFT credits, and batch processing, while offering API and webhook integrations, enabling organizations to seamlessly connect the platform with their existing systems for enhanced operational efficiency. This comprehensive approach not only simplifies payment collection but also bolsters security and improves customer trust in the process.

Description

Finastra's Bacsactive-IP is a cloud-driven platform aimed at optimizing payment processing for various types of transactions, such as payroll, supplier payments, expenses, and more. This solution accommodates businesses of all sizes, ranging from small enterprises handling their direct debits to large corporations managing millions of transactions on a daily basis. The service includes a robust set of features, such as secure user access with multi-factor authentication, web-based technology that supports simultaneous use by multiple users, and seamless integration with pre-existing systems to boost operational effectiveness. Additionally, optional modules can be implemented to further automate payment processes, ensuring a customized solution that aligns with unique business requirements. As a Software-as-a-Service offering, Bacsactive-IP removes the necessity for hardware investments or software installations, thereby lowering both initial and ongoing expenses associated with implementation. With its user-friendly interface and adaptability, it positions itself as a valuable asset for organizations looking to enhance their payment processing capabilities.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Authorize.Net Yes 
Calendly Yes 
Chargebee Yes 
Donorbox Yes 
Finastra No 
FreshBooks Yes 
Google Sheets Yes 
Magento Yes 
Memberful Yes 
QuickBooks Online Yes 
Sage 100 Yes 
Sage Accounting Yes 
Salesforce CRM Analytics Yes 
Shopify Yes 
WHMCS Yes 
WooCommerce Yes 
WordPress Yes 
Xero Yes 
Zapier Yes 
Zoho Books Yes 

Integrations

Authorize.Net No 
Calendly No 
Chargebee No 
Donorbox No 
Finastra Yes 
FreshBooks No 
Google Sheets No 
Magento No 
Memberful No 
QuickBooks Online No 
Sage 100 No 
Sage Accounting No 
Salesforce CRM Analytics No 
Shopify No 
WHMCS No 
WooCommerce No 
WordPress No 
Xero No 
Zapier No 
Zoho Books No 

Pricing Details

$26.03 per month
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Direct Debit

Founded

2009

Country

South Africa

Website

www.directdebit.co.za/

Vendor Details

Company Name

Finastra

Founded

2017

Country

United Kingdom

Website

www.finastra.com/payments/solutions/bacsactive-ip

Product Features

Payment Processing

ACH Check Transactions No 
Bitcoin Compatible No 
Debit Card Support No 
Gift Card Management No 
Mobile Payments No 
Online Payments No 
POS Transactions No 
Receipt Printing No 
Recurring Billing No 
Signature Capture No 

Product Features

Payment Processing

ACH Check Transactions No 
Bitcoin Compatible No 
Debit Card Support No 
Gift Card Management No 
Mobile Payments No 
Online Payments No 
POS Transactions No 
Receipt Printing No 
Recurring Billing No 
Signature Capture No 

Alternatives

Alternatives

ETran Reviews

ETran

Financial Transmission Network