BACSTEL-IP is the telecommunications channel which provides direct access to the BACS service for the submission of Direct Debit and Direct Credit payments.
BACSTEL-IP was launched in 2003 as a direct replacement to the old BACSTEL delivery channel, which was withdrawn on 31st December 2005.
See BACSTEL-IP - an overview, Better BACSTEL-IP, BACS software - Experian Payments Gateway