5 Ways To Know If Your Business Needs A Payment Method Change
For most business owners, the method in which you collect payments from your customers can mean the difference between a customer gained or a customer lost. And with the vast array of payment methods to choose from, it’s only normal to feel that “As long as payments are coming in, I’ll accept whatever form it […]
Instalments For All, Even Non-Credit Card Holders?
The everyday practice of paying via instalments isn’t something foreign to most, and has become commonplace even among today’s youth. With the bulk of people opting for this payment method for most commitments that would otherwise eat off impossible chunks of their income, large purchases become more and more accessible for folks of all income […]
5 Direct Debit Myths
A Payments Workout for Malaysia’s Fitness Industry
Malaysia’s fitness industry is an active one and has seen huge gains in recent times. The rise of boutique studios, gym classes and the introduction of fitness tech platforms has seen Malaysian fitness-enthusiasts spoilt fo r choice. As a result of this, the need to discover differentiating factors has become crucial in order to survive […]
How To Encourage Your Customers To Use Direct Debit?
You want to start using Direct Debit as your primary payment option for your customers due to the benefits that it brings to your business. From automation and flexibility, to low costs and low failure rates, maximising your company’s Direct Debit uptake is key to realising its full impact. So, how can you encourage more […]
Direct Debit vs Credit Cards: Which is the Best Way to Take Recurring Payments?
Direct Debit and Credit Cards are two methods used for taking regular payments. Both enable businesses to take payments from their customers easily, but there are some key differences between the two that we will explore in this article. Before we delve into our comparison, it is important to note that the term ‘Credit Card’ […]
5 Ways Curlec Helps SMEs With Direct Debit
Malaysia is no stranger to Direct Debit, as this payment service has been available since 2010. However, up until now, it has remained an extremely underutilised system due to the high costs and administrative burden associated with running the previous paper-based process. This has resulted in Direct Debit solutions being exclusively reserved for large organisations […]
Direct Debit: Moving Malaysia to a Cashless Society
We are just at the beginning of a payments revolution in Malaysia, which is changing the way consumers are paying for goods and services. In 2019, studies have shown that two in three Malaysians are now utilising cashless payments, with Debit cards and online banking being the most preferred methods of payment, including Direct Debit. […]
Improving The Membership Experience At DOJO With Direct Debit
“What really sets Curlec apart was the way in which their solution completely integrates with the Direct Debit process. We were keen from the outset to use Direct Debit as it is cheaper and allows for seamless payment collection. We don’t just save on transaction fees, we save time.” – Dewan Ng, one of the […]
Recurring Payments Gone Wrong
A customer’s right to terminate their mandate is a key component of the recurring Direct Debit payment mechanism. Not only does this empower customers, but it also gives them the confidence that any unwanted payments will not happen. There are situations though where customers will be bound by other agreements with a business. For example, […]