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Direct debit vs standing order: What’s the difference?According to GoCardless, an automated payment service, 90pc of British adults have at least one direct debit, and the average person has six. But there are also standing orders, which differ from ...
Standing orders can be simpler than direct debits, mainly because the business is not involved in claiming payments from you, but offer less consumer protection. At set times, your bank just sends the ...
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