Category: Guides

Direct Debit vs Standing Orders – Defining The Differences

At first glance, Direct Debit and Standing Orders may seem like one and the same. When Auto Debit comes into the picture however, it becomes even more confusing for the unfamiliar. In this article, we shed light on Direct Debit vs standing orders along with all its differences, benefits and disadvantages. If you’re still stumped […]

Direct Debit vs Auto Debit – What’s The Difference?

In Malaysia, the term Direct Debit and Auto Debit are commonly used interchangeably and misunderstood as the same thing. While both are methods of automatically collecting recurring payments, there are significant differences between the two that if confused for one another, can mean a world of difference for the business collecting payments. To learn how […]

This New Year, Will You Optimise Your Business Cash Flow?

As business owners, entering a new year means more than gym memberships and quitting bad habits. Personal goals aside, there are also New Year’s resolutions for the business. To provide better customer service, improve engagement on your social media channels and optimise cash flow once and for all, to name a few. Many of these […]

Smarten Your Payments With RHB And Curlec

For Curlec, servicing and improving the education industry is part and parcel of being one of the pioneers in changing the way Malaysia is making payments. In the education sector, problems with payments arise when it comes to collecting fees from students or their parents on time. Despite the many solutions present today, the age-old […]

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 […]

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 […]

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 […]

5 Things To Know About Direct Debit

Direct Debit as a payment option has been extremely underutilised in Malaysia. When compared to countries such as the UK, where almost 9 out of 10 adults have at least one Direct Debit, Malaysia lags far behind. This is all about to change with Curlec as our solution using Direct Debit brings payments into the […]

How To Get Your Business Paid On Time

Have you ever had to chase customers for late payment? You’re not alone – the average bad debt per company in Malaysia stands at a staggering RM52,100 per annum, whilst it takes an average of 94.1 days for businesses to get paid. Late payments clearly put a significant amount of strain on your business’ cash […]