Our BACS approved service bureau, PayLink, will deliver professional and reliable payment transaction services to the external marketplace.
As a business we have over 20 years’ expertise in managing and distributing complex payments and collections safely and securely – a service that many businesses find challenging to achieve due to the significant level of investment, skill and regulatory requirements it entails. This proven success means we are ideally placed to fulfil your organisation’s cash management and payment transaction requirements and it’s this proposition we’re taking to market. Our PayLink service will comprise of four key elements:
- Payments: as a certified BACS bureau we will offer a range of secure, reliable and efficient methods to transmit supplier, payroll, and other payments to recipients in the UK, including BACS and Faster Payments
- Collection Services: a secure, reliable and efficient means to process and administer the collection of monies by direct debit
- Managed Services: completely managed direct debit solutions to include the administration and handling of the entire direct debit process, tailored to suit specific needs regardless of volume
- Reporting and Integration: our systems enable us to provide a broad range of standard and bespoke reports for delivery and, where appropriate, direct integration with our clients’ internal systems
PayLink will make it easier for your customers and business to make payments by offering a choice of options. It will bring new efficiencies to your organisation by simplifying and automating existing manual processes, streamlining your business whilst ensuring you meet your regulatory needs. Finally, our single platform makes it faster for your business to make and receive payments, consolidating your processes and ultimately reducing costs.