Direct Debit System FZ LLC

Direct Debit is a legal, simple and convenient way to make recurring monthly payments; e.g. rent, school fees, subscriptions, utilities & much more. For businesses, we are a platform that enables them to offer flexible monthly payments. It is also part of our strategy to convince businesses, In the long-term giving customers flexibility to pay monthly is better for cash flow. As a business, you will have 41% reduced bounce payment rate. It also helps those businesses with VAT to bill monthly and get paid monthly. Another practice which is prevalent in UAE of collecting postdated cheques and recording full amount received against PDCs is a deviation from international accounting standards & best practices.