SmartDebit responds to police follow up on cashless scrap metal payments

(PRWEB UK) 20 April 2013

According to the Spenborough Guardian, police in Kirklees have been cracking down on metal thieves as part of a national operation. The nationwide scheme made cashless transactions compulsory to all scrap metal dealers meaning the buying and selling of metal was traded by traceable means such as debit or credit card or cheque. The law was passed on 3rd December 2012.

In light of this, West Yorkshire police have been carrying out unplanned check-ups by visiting dealers and looking at records to ensure all transactions are cashless and to trace regular scrap metal sellers.

The increase in cashless transactions is a move welcomed by SmartDebit, one of the UKs largest Direct Debit payment processors. The company has been handling Direct Debit transactions on behalf of small businesses, corporates, not-for-profits and public sector organisations since 1998 and is dedicated to promoting the benefits of cashless payments as well as Direct Debit.

A representative from the company explained why SmartDebit believed cashless transactions were a great move for the scrap metal industry, Scrap metal theft was becoming a huge problem in the UK costing companies millions and putting lives at risk. Moving to traceable transactions means this illegal trading becomes a lot harder to do, and as a result, the level of scrap metal crime has dramatically decreased throughout the UK.

About SmartDebit

SmartDebit is the UKs leading Direct Debit bureau, specialising in payment processing on behalf of businesses, not-for-profits and public sector authorities since 1998. A Bacs approved bureau scoring Excellent ratings in all five categories of the Bacs audit, and is ISO 27001 certified.

Offering paper and paperless Direct Debit options, the SmartDebit service encompasses the SmartDebit Admin

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