All the latest news releases concerning Pay Me Direct can be found here....

SMEs now facing £18.6 billion late payment problem - 8 January 2008
Regional differences apparent in nation's fight against overdue invoices. A massive £18.6 billion is the figure put on outstanding payments owed to Britain's small-to-medium sized enterprises (SMEs) - a leap of £2.6 billion in the last year.

UK SMEs urged to be smart about late payments - 10 September 2007
Bacs provides top tips for payment success. To help UK SME's avoid the scourge of late payments. Bacs has produced five top tips that every business owner should put into practice to improve financial management and control.

Over half of all British adults now reject the cheque for regular payments – 31 January 2007
Large companies in Great Britain (GB) like Boots(1) and Tesco(2) are responding to customer spending patterns and restricting the use and acceptance of cheques – and according to new research smaller, independent businesses ought to consider following suit!

UK SMEs owed almost £16 billion in late payments – 6 November 2006
An ever increasing number of small-to-medium sized enterprises (SMEs) in the UK are experiencing problems with late payments according to BACS Payment Schemes Limited (BACS).

BACS encourages SMEs to give cash flow a break this summer – 10 July 2006
In a bid to help small-to-medium sized enterprises (SME’s) keep on top of work and ensure staff and bosses unwind and enjoy their time in the sun during the peak holiday season, BACS is offering small businesses in the UK, the chance to win the services of a personal assistant (PA) for five working days

Eighty working days lost to inefficient office practices – 25 April 2005
British employees are wasting up to 640 hours (1) - that is 80 working days every year – as a result of inefficient office practices.

The dog ate the invoice and the postbox is on fire! – 11 November 2004
Direct Credit uncovers comedic payment excuses and launches the "Little Book of Late Payment Excuses".

Employees boost company profits at their own expense – 11 August 2004
Britain’s workers are bankrolling their bosses as UK companies owe employees a massive £258 million (1) every month in staff expenses paid by cheque.

SMEs owed £11 billion, thousands at risk of closure from late payment – 17 June 2004
With around one-third of SMEs experiencing late payment problems, businesses in the UK are waiting on over £11 billion collectively, according to new research by BACS.