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New app keeps track of direct debits

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Consumers can now control and organise their direct debit payments via a new mobile phone app.

 

The app, developed by Bacs, the body that oversees payment services, allows users to view all their direct debit payments on one screen. Currently, 72pc of household bills are paid by direct debit and the app, the Direct Debit Control Centre, has been developed to make sure bill payers can stay on top of these regular automated bill payments. The app, which is free to download, allows users to list all their direct debits together along with payment dates, amounts and details of what they’re for.

 

Payment date reminders can also be set up, making it easy for bill payers to ensure they have enough money in their account to cover the cost. If a direct debit is due and funds are limited, the app will alert users, giving them time to make alternative arrangements. It also features a monthly overview screen, which shows the total amount of direct debits in place for that month, together with a summary of how much money is left to go out.

 

Link: http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/9737456/New-app-keeps-track-of-direct-debits.html


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