In general terms, the form of payment, which Betalingsservice comprises, is called a "direct debit", with the payment initiated by the creditor. Direct debits are often particularly useful for payments with an ongoing agreement between customer and creditor. In comparison to other direct debit solutions, such as automatic card payment, Betalingsservice has a number of advantages, and Betalingsservice is the most widely used direct debit product in Denmark.
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