Direct Credit payments
FastPay makes it easy to pay wages, salaries and supplier invoices.
FastPay makes it easy to pay wages, salaries and supplier invoices.
Powerful integrations
Backed by industry standards
Available as part of our Bureau Service, funds can be transferred directly to your payees’ bank or building society account quickly, cheaply and reliably.
Bacs Direct Credit is the perfect solution for payroll companies and anyone else wishing to make payments with their own Service User Number.
With over 150,000 organisations using Direct Credit, it’s the most popular way of paying wages and salaries to members of staff: 90% of the workforce is paid this way.
It’s also the most cost-effective solution for pensions, employee expenses, insurance settlements, dividends and refunds.
Direct Credit payments arrive instantly as cleared funds. Unlike cheques, the money can be used straightaway and immediately starts earning interest.
Direct Credit payments are made straight into accounts, cutting out the need to bank cash or cheques. Effortless, hassle-free and time-saving.
Direct Credit payments cannot be lost, stolen or delayed in the post. Money arrives automatically on the day it’s expected.
Direct Credit payments are automated with no chance of them being overlooked or delayed.
Direct Credit payments can be created and authorised simply and cheaply. No need to spend time preparing and checking bulk payments.
Direct Credit payments leave your account on dates specified by you. You have full control over your cashflow.
Direct Credit payments eliminate the costs of stationery and postage required when using cheques.
Direct Credit generates a single debit from your account on a specified date. No need to track individual payments.
Negotiate more favourable payment terms by paying more efficiently.
Not sure what service is right for you?
Talk to an expert on 0161 737 5290 or send an email to info@fastpayltd.co.uk
For a bespoke quote or to find out more about our services, just fill out the form.
One of our specialised staff will be in touch as soon as possible.