Faster Payments – What are they?

Learn all about how to make quick payments to your team on payroll.

What are faster payments?

The Faster Payment System is available 24/7/365 supporting the demands of businesses since its creation in 2008.

The network facilitates real-time payments of up to £1m in value. Payments can be scheduled and sent in a matter of minutes as opposed to the traditional payment method of BACS having to be scheduled 2 working days prior (i.e. send Wednesday for payment on Friday).

Still need support? Get in touch with our customer support team here. Or perhaps you would like access to our platform, please speak to one of our dedicated sales representatives to open an account today here.