Download the infographic: UK electronic payment systems at a glance

If you’re a payroll professional, you’re probably wondering why the rest of the world seems to be riding a technological juggernaut when it comes to payments, but in your work life, it’s more like a horse-drawn cart.

In the UK, salary payments are typically made via Bacs or the Faster Payments scheme. There is also a third payment system, CHAPS, which is typically used for high-value, time-sensitive payments.

Download this shareable infographic for an 'at a glance' summary of the three UK electronic payment systems.

UK electronic payment systems at a glance

Customers we are already helping

Accentra_logo.png
ics@2x_1.png
Tell me moreSign up for a free account

Modulr
One Hammersmith Broadway London
W6 9DL
Blenheim Chalcot

Modulr is backed by Blenheim Chalcot, the UK’s leading venture builder. Founded in 1998, Blenheim Chalcot specialises in building digital businesses that transform industries. It’s portfolio of companies has sales of over £300m, more than 3,000 employees, and a successful track record of building over 40 companies across IT services and outsourcing, education, financial services, software, sport and media.

Modulr Finance Limited, a company registered in England with company number 09897957 and ICO Registration: ZA183068, is registered with the Financial Conduct Authority as an EMD Agent of Modulr FS Limited. Modulr FS Limited is Authorised and Regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573). You can check the Financial Services Register here.

© 2018 Modulr Finance Limited. All Rights Reserved.