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News Centre

The latest press releases, news, videos, photos and payments information from Bacs, the organisation behind Direct Debit.

 
Bacs Payment Schemes Limited is a wholly owned subsidiary of Pay.UK

The systemically important operations for Direct Debit and Bacs Direct Credit as well as the Current Account Switch Service, Cash ISA Transfer Service, and the Industry Sort Code Directory are owned and operated by leading UK retail payments authority, Pay.UK. 

Pay.UK has taken overall responsibility for the activities previously carried out by Bacs Payment Schemes Limited, Faster Payments Scheme Limited, The Cheque & Credit Clearing Company Limited, and UK Payments Administration Ltd. While now part of Pay.UK, the Bacs team will continue to manage the company’s  products and services as normal. Neither consumers, service users, nor payment service providers (PSPs) will see any change. For further information, please visit www.wearepay.uk​.​​​​


Press releases
Essential dates for planning 2020 automated payments published
11 November 2019
Businesses can now easily plan ahead to avoid missing important payments in 2020, thanks to a new processing calendar published by Pay.UK, the home for Bacs Direct Credit and Direct Debit.
Businesses urged to plan ahead to avoid Bank Holiday payment problems
01 August 2019
​The August Bank Holiday is fast approaching and Pay.UK, the home of Direct Debit and Bacs Direct Credit in the UK, is reminding businesses to plan ahead to avoid missing important payment commitments.
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Bacs briefing
Bulk Payment Redirection Service delivers efficiency ...29 July 2019Read here
Masterclasses prove popular03 May 2019Read more
Building on strong foundations21 February 2019READ NOW
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