How do Direct Debits Work?
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Biz Core is a payment facilitator for a wide range of businesses. If you have a direct debit from Biz Core on your bank statement, it may be for one of the following types of fees:
Read more about who we work with and frequently asked questions regarding charges through Biz Core’s software here.
Biz Core is best known for being a full end-to-end Loans Origination & Management Software (SAAS) designed and priced to accommodate a wide range of Lenders. In addition, as a holder of a Direct Debit licence, another core part of Biz Core's portfolio is that of Payments Provider/Facilitator (including Cards) to those high-volume transaction-dependent businesses such as large Rental Agencies, Telcos and Sporting Clubs.
Biz Core offers end-to-end loan management platform with lead generation, loan origination, loan servicing and debt management features - a complete, all-in-one solution for lenders. If you currently have a loan or subscription with a lender, you may see Biz Core on your billing statement.
Biz Core also provides other large Providers, such as Telcos and Sporting Clubs, with an easy-to-use online payment processing solution that helps their businesses improve their cash flow via a secure payment gateway and payment collection automation.
The amount on your billing statement depends entirely on the payment plan you have set up with your lender or subscription service. To stop direct debit payments, you must consult your provider directly. Please refer back to your payment plan and direct debit amount with your lender or subscription service.