About FastPay

FastPay is a BACS Commercial Bureau which also offers a Direct Debit Facilities Management service that allows you to collect Direct Debits on behalf of your business or organisation. FastPay helps you access the power of Direct Debit without the formidable expense and time required to set up your own scheme.

Direct Debit is the preferred payment method for more than half of the UK population. Direct Debit is reliable and secure and puts you in complete control of your customer payments.

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How FM Works

To use our Direct Debit Facilities Management service, just fill out our one-page Application Form and email or fax it to us. Once you are set up, we will open a client trust account for your funds. You are then ready to start setting up your payers.

Collecting from payers is so easy...

  1. Send us your new payer's bank details.

  2. We give the payer's bank five days notice that there is a new Direct Debit instruction.

  3. We Debit the payer's account for the value and on the date of your choice.

  4. We receive the monies in your client trust account on the date of collection.

  5. We will report to you if there are any bounces or cancellations etc.

  6. We will transfer the cleared funds to your nominated account just 2 days after collection.

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Paper Based Direct Debit

Sign up customers via a signed Direct Debit instruction on a paper mandate. This is then...

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Paperless Direct Debit

Sign up customers for Direct Debit collections over the telephone or online via your website...

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