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As it is Saturday, it is unlikely that any transactions will show on your bank account today, even though it is technically a trading day for UK banks. If you check again on Tuesday (after the bank holiday Easter Monday) you will see that payment has been collected, and it will be posted to today's date.
And no, if you've set up a direct debit, authorising payment to O2 for your iPhone monthly charges, it is entirely up to O2 to collect the funds from your account. You don't have to do anything. Except make sure there is sufficient cash in the account to cover the payment on collection day.......