On the 12th January 2012 our company underwent a rigorous inspection by Bacs, the financial industry’s body responsible for the schemes behind the clearing and settlement of automated payments in the UK. And I am pleased to report that Rapidata Services Plc is an ‘Excellent’ Bacs Approved Bureau. That’s not us saying it but Bacs giving Rapidata the highest level awarded in its ratings.
Fifteen years ago, Rapidata started managing and processing Direct Debit payments for all types of organisations. Over the years, technology, Bacs submission procedures, and guidelines have all changed and evolved. But one thing has stayed the same, the drive for Rapidata to give all its clients a tailored Direct Debit management service that fits their requirements, and to continually invest, innovate and improve to be the best in what we do.
The Bacs Approved Bureaux Scheme assesses the technical competence and operational integrity of the bureau. An inspection is carried out every three years and rates 5 categories determined through the high level assessment of business practices, standards, procedures and controls for the provision of Direct Debit and Direct Credit services.
In passing our inspection with flying colours we can continue to help your organisation make and receive payments as easily, securely and cost effectively as possible, assured in the knowledge that Rapidata’s approved services and training all meet the meticulous quality requirements developed by Bacs.
Click here to learn more about our Direct Debit Managed Service