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Beware of Direct Debit Payments

Direct debit emerged and became popular because of online services that are available today. It is a financial transaction of withdrawing funds from another’s account. This is a method where an account holder allows or authorizes the bank to pay a fixed amount meant for a service on a regular basis. Today more and more individuals who use online services utilize this payment approach simply because it brings convenience. Direct Debit Payments Let’s take a look at the pros and cons of direct debit payments. Pros: Convenience – It is convenient on both parties the customer and the online service […]

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