Latest data around reversal rates provides interesting reading. Recurring payments from bank accounts are 2.4 times more successful than from credit cards, and weekly payments are 1.9 times more successful than monthly payments.

Unsurprisingly smaller instalment amounts are up to 7 times more successful than larger amounts – however, one interesting point that got our team talking is that reversal rates of payments made by males are 3% higher than payments made by females!