APACS - the UK payments association

Automated payments

What type of payments can direct credit be used for?

Direct credit is mainly used for paying wages and salaries - in fact over 70% of the UK workforce is paid via direct credit. In total, direct credit is used for paying over 4 million wages every week and nearly 6 million salaries a month. However, direct credit can be used for a wide variety of other applications. Over 150,000 organisations use them for supplier payments, pensions, employee expenses, insurance settlements, dividends and refunds.



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Related site link

Bacs More information on Bacs.

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