Press Release from Eazipay - Record Month

Record month for Direct Debit Bureau

February 2, 2011

Eazipay Ltd, a leading Direct Debit processing company, based in Cambridgeshire, has recorded its best month ever for Direct Debit collections during January 2011.

A record £8.9 million worth of Direct Debits were processed on behalf of its clients during January, signalling the company’s busiest month in its nine year history. The announcement comes on the back of the celebrations at the end of December 2010, when the company’s monthly processing levels rose to an all time high of £8.6 million worth of Direct Debit transactions.

Luisa Grey, Eazipay’s Director, comments, “We’re absolutely delighted to be able to report these record business levels. December is generally considered as one of the quietest times of the year so to record our best month ever during this period was a fantastic achievement.

“To go one further and do it again the following month is the icing on the cake; we couldn’t have wished for a better start to the New Year.”

A record number of new sales have also been logged for December 2010 and January 2011 assisting in the growth of the company’s customer base, which has increased by a massive 72% during the last two years.

“It seems that more and more consumers and businesses alike are realising the benefits of managing their cash flow by utilising Direct Debit payment processes”, adds Luisa.

“It doesn’t matter if you make or collect dozens of payments each month or just one a year, Direct Debit gives the certainty of knowing what money is coming in or going out, and when. That knowledge, particularly in these difficult times, can make the difference between survival and failure.”

Eazipay Ltd, which employs 14 full time staff, has become one of the fastest growing Direct Debit bureaus in the country. Despite increasingly difficult market conditions the company has seen its turnover increase in the last two years and is currently providing regular Direct Debit services to over 600 companies in a wide range of market sectors throughout the UK, Europe and beyond. 

Notes to editors:

For media enquiries and further information on Eazipay Ltd and its Direct Debit services, please contact Steve Greenhalgh or Damion Clark at Real Public Relations.

Steve Greenhalgh - 01223 492130 / 0779 129193 / steve@realpublicrelations.com

Damion Clark – 01223 492130 / 07789 911314 / damion@realpublicrelations.com