Skip to content
Business Company News, Finance Investment

ezyCollect Enhances B2B Payment Collection with New Direct Debit Authority on Online Customer or Credit Application Forms Feature

ezyCollect 3 mins read
DDA or Payment Authorisation module in an Online Credit Application Form by ezyCollect

Sydney, NSW, November 9, 2023 – ezyCollect, a leading innovator in B2B payment automation solutions, proudly introduces its latest feature – the Direct Debit Authorisation (DDA) on Customer or Credit Applications. This new addition empowers businesses to streamline recurring payment collections during client onboarding, ensuring timely and hassle-free payments.


AJ Singh, CEO of ezyCollect, expressed enthusiasm about this latest addition, stating, "We are thrilled to introduce our new Direct Debit on Customer or Credit Applications feature. This update not only makes it more convenient for businesses to receive timely payments but also provides a seamless onboarding experience for their customers."


Jane Evio, Head of Customer Success at ezyCollect, offers insight, explaining that the traditional method of obtaining automated payment commitments through separate DDA forms "proves to be cumbersome for both businesses and customers,” adding that “often, these are paper-based or manually done." She emphasises that "with the introduction of our DDA on Online Customer or Credit Application Forms, we offer a practical yet transformative solution to address these challenges head-on."


The DDA on Customer or Credit Application Forms feature seamlessly integrates with ezyCollect's online Credit Application forms. Once enabled, customers can conveniently authorise direct debit payments as part of their customer or credit application. Following approval of the credit application, businesses can automatically collect payments, eliminating the need for separate DDA forms and chasing down late payments.


This feature delivers a multitude of benefits to businesses:


1. Enhanced Efficiency: By automating payment authorisation during the onboarding process, businesses significantly reduce the time and resources expended on reviewing separate application and DDA forms and chasing late payments.


2. Reduced Churn: Simplifying the application and payment process improves customer satisfaction and lowers churn rates, as customers find it convenient to apply and pay for products and services. The streamlined process also ensures the timely delivery of goods and services.


3. Increased Revenue: Prompt payment collection improves cash flow, leading to increased revenue for businesses.


The collected DDA data can then be tailored to create customised payment plans - collecting payments on agreed schedules or the invoice due dates, further facilitating the acceptance and management of instalment and recurring payments.


The DDA on Online Customer or Credit Application Forms is available as a premium feature to all ezyCollect customers. For detailed information, please visit



Key Facts:

- ezyCollect introduces the Direct Debit Authorisation (DDA) on Online Customer or Credit Application Forms as a premium feature for customers

- This feature simplifies the onboarding and credit applications process, eliminating the need for separate DDA forms and ensuring timely payments as early as onboarding.

- Captured DDA can be used to create customised Payment Plans, improving the management of instalment and recurring payments


About us:

About ezyCollect


ezyCollect is a fully integrated Accounts Receivables automation, Credit Risk Management and Debtor Management platform that transforms business' cashflow & automates the order-to-cash cycle. The product suite covers AR automation and workflows, integrated payments, credit risk scoring and digital credit applications. ezyCollect is trusted by B2B companies worldwide and manages over $14 billion in receivables. 


ezyCollect streamlines cash flow & debtor management for businesses with an automated AR platform with integrated digital payments and b2b credit scores. It's a fully automated solution that untangles the complex and often manual accounts receivable function. 

Businesses with ezyCollect get paid faster - we looked at the cash flow of 208 businesses before and after using ezyCollect, and their overdue receivables were reduced by 43% 12 months after starting with ezyCollect.

Contact details:

Media Contact:


Shiju Thomas, Head of Marketing & PR

[+61 409 847 462]


More from this category

  • Agriculture Farming Rural, Business Company News
  • 24/05/2024
  • 15:30

Tully Mill Under Pressure from Work Bans

Tully Mill is feeling the pressure as workers initiate industrial action, disrupting the preparation for the mill’s most profitable season. Workers at Tully mill have begun actioning work bans on operating heavy-duty equipment involving high-risk tickets, the use of keys (including locks for doors, vehicles, personal isolation locks and electronic swipe keys) and using computers to document work. Workers performed these bans for two days this week and have two more periods of bans planned next week. AWU Queensland Branch Secretary Stacey Schinnerl said that the scale and duration of the Tully industrial action is flexible and will be determined…

  • Business Company News, Finance Investment
  • 24/05/2024
  • 14:12
FS Sustainability

The 50 most influential ESG corporate professionals in Australia named

The 50 most influential environmental, social and corporate governance (ESG) professionals working at ASX-listed companies have been named by trade publication FS Sustainability in the 2024 ESG Power50 guide. Running for the second year, the ESG Power50 comprises individuals that hail from diverse industries, each wielding significant influence in their respective spheres. This year’s Power50 entrants are addressing ESG challenges that need urgent attention. Climate change mitigation remains paramount, with emphasis on renewable energy adoption and carbon neutrality targets. Furthermore, governance reforms are crucial, ensuring transparency, accountability and ethical conduct across industry. Accordingly these elements were essential in determining the…

  • Finance Investment, Medical Health Aged Care
  • 24/05/2024
  • 09:57
Bioxyne Limited (ASX:BXN)

The Rising Trend of Self-Medication with Psychedelics and Cannabis: The Need for Rigorous Regulation, By Sam Watson, MD BXN:ASX

In recent years, a significant shift has been observed in how individuals address mental health and well-being, with a growing number of people turning…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.