PayFac
PayFac is the leading automated, online payment systems for domestic and international financial transactions in the United Kingdom.
Click here to set up a PayFac account or log into an existing one.
Customers use PayFac so they can:
✔ Reduce costs by consolidating their transactions within a single payment solution
✔ Choose the payment type that reduces the cost of transactions to employees, suppliers and other third parties
✔ Buy or sell foreign currency at competitive exchange rates
✔ Improve their cash flow by using direct debit collections and reduce unpaid direct debits
✔ Enact disaster recovery services/processes so transactions are made when the unexpected happens with a platform that you can operate/access from anywhere (in the world).
Key Features of PayFac
- Full connectivity with your existing accounting system via an API or you can upload files direct from your accounting system (Sage, SAP, Pegasus, etc) directly into PayFac
- PayFac, provides you with peace of mind that your transaction is secure whilst providing your recipient the notification that payments are on the way.
- Transfers can be transmitted through UK BACS, CHAPS, UK Faster payments, SWIFT or SEPA.
In addition we provide a payment notification service so that you and your payment beneficiary know exactly when the payment has been sent. PayFac is the only payment solution you will ever need.