What we do
Direct Debit reduces the administrative burden on companies by making payment methods as efficient as possible.
Empowering Businesses
For businesses, we are a platform that enables them to offer flexible monthly payments. Long-term flexibility is statistically better for cash flow, with participating merchants seeing a 41% reduction in bounced payment rates.
We help businesses with VAT to bill and get paid monthly, aligning with international accounting standards. Best of all, you can maintain your existing banking relationships—our marketplace is agnostic to banks and their systems.
Scalable Infrastructure
Our infrastructure is built to process over AED 20bn in transactions annually. We are proud partners with the National Bank of Fujairah, UAEPASS, Dubai Pulse, and the Mohammad Bin Rashid Innovation Fund.
Our platform integrates seamlessly with daily business applications, providing full visibility over payments and automating reconciliation. Today, over 50,000 tenants already use our system to pay their landlords monthly.
Here’s how you start…
ORIGINATOR IDENTIFICATION CODE
The merchant goes through KYC. Your documents will be completed and sent to UAE Central Bank to issue you with a unique number called an ‘OIC’.
SETTING UP FOR SUCCESS
This is where you will receive training from the Direct Debit System team. It will include setting up your desired parameters in the system. For example, are you happy to take DD payments on credit cards or IBAN or both.
THINK OF TRANSFORMATION
Now is the right time to start transforming all your processes to be paperless. We can help you with that. Accounts receivable are truly digitized end-to-end when our API's are fully integrated with your CRM.
Process Walkthrough
Step One: The Invitation
Invite payer to execute contract through Direct Debit monthly payments. All done with few clicks on dashboard. Include payment plan if amounts are known i.e. rent, school fee etc.
Process Walkthrough
Step One: The Invitation
Invite payer to execute contract through Direct Debit monthly payments. All done with few clicks on dashboard.
Process Walkthrough
Step Two: Digital Signature
The payer accepts the offer by digitally signing the Direct Debit Authority (DDA).
Process Walkthrough
Step Three: Automation
Recurring payments start automatically based on the agreed schedule. No manual intervention required.
Process Walkthrough
Step Four: Cancellation
Both the merchant & payer have the right to digitally cancel if either party is not satisfied.
