FastPay enables you to take your customer payments by Direct Debit.
Direct Debit is an easy, reliable and secure method that puts you in complete control of your customer payments
A Direct Debit is an instruction from a customer to their bank that authorises you to collect money from their account. With a Direct Debit, when the payment amount, frequency or payment date changes, you can collect the new amount on the date of your choosing, as long as you have informed the customer in advance.
When a Direct Debit bounces or is cancelled, you will be notified by email within 24 hours of the event by our reporting facility, thus enabling you to deal with
it professionally and efficiently. Once your customer has been informed, a bounced Direct Debit can be recharged within days without any action required of your customer, assuming there are adequate funds in their bank account. A cancelled Direct Debit can either be reinstated by you with your customers consent or by your customer through their bank.
Over 80% of adults in the UK have at least one Direct Debit payment and it is used by over 100,000 businesses and organisations so you can be sure it is well understood and accepted as a valid, secure and reliable form of payment.
The new FastPay website has landed and we are over the moon with the finished result! Consisting of an array of improvements and additional features, the new FastPay website, designed and developed by The Hatch, is sure to enhance the […]
At FastPay, we are a BACS-approved bureau with all payments covered by the Direct Debit Guarantee. FastPay understands the importance of robust cyber security while managing your company’s payments. As part of FastPay’s ongoing security strategy, the team is pleased […]
The UK 2021/22 tax year is upon us and small businesses need to be aware of upcoming important tax dates. No need to panic, at FastPay we want to help get you up to speed – giving you one less […]