Benefits of Direct Debit
Direct debit is the most secure and popular payment option available with a simple setup and multiple benefits:
Set and forget - one-time set up, payment is taken automatically on the invoice due date.
In control and protected - You’ll receive notifications of payment before funds are taken and you are guaranteed a refund if you are charged by mistake (under your Direct Debit Guarantee scheme).
No updates needed - As opposed to credit card payments for which you often need to change or update its details due to its expiration or when it gets lost. Unless you change your company bank account, Direct Debit works with no disruptions.
No late payments - Payments are automatic, so you won’t get chased for payments and there’s no risk of service disruptions in case of late payments.
Smart option - Direct Debit is the simplest and smartest payment method. The low risks, low fees and minimal need for manual intervention.
How to set up Direct Debit mandate
1. Navigate to the Account Management.
2. Scroll down and click Add Direct Debit.
3. Specify currency of your Direct Debit mandate and fill in the rest of the form
Important: Currency of your mandate needs to match the fee plan currency you are subscribed to.
4. Review your details and click on Confirm.
How to cancel Direct Debit mandate
You can cancel your Direct Debit mandate anytime by following these steps:
Go to Account Management.
Click on Cancel Direct Debit.
Confirm by clicking "OK".
NOTE: Only the owner of Datamolino subscription can change/cancel the payment method.
TIP: Find more details on the GoCardless website