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Does Cahoot participate in the Current Account Switch Service?
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As above, Bacs is the style adopted by the company and its parent Pay.UK, regardless of its undisputed derivation or what Wikipedia says, and it seems to me perfectly valid for them to choose to use it as an acronym rather than simply an abbreviation - it's not generally considered necessary or appropriate to refer to, say, a Fiat [sic] 500, or a laser [sic] printer, or a scuba [sic] diver, etc!0
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In today's edition of off-topic tedium...
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To continue the aside, the BBC's style guide is that acronyms (pronounced as a word) can be written in sentence case, whereas initialisms (pronounced letter-by-letter) are in all caps.
So Nasa, Nato, Fifa and Bacs, but BBC, NHS, CIA and RAF.
https://www.bbc.co.uk/blogs/collegeofjournalism/entries/8f7cf269-9ee1-341b-81a8-1ebfe73c80a0
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