PayFac is TransGlobal’s single internet based payments solution capable of facilitating
any type of transaction:
Payroll - foreign suppliers - local suppliers
BACS – CHAPS – UK Faster Payments - SWIFT
in any currency:
£, €, $, ¥, etc
Accessed through PayFac, we provide our customers with security, efficiency & control
of their payment process.
The modular nature of PayFac lets you choose the modules you need today, with the
option to add on more functionality as your business needs evolves. Similarly, this
modular approach means a large scale project can readily be broken down into “bite
sized” chunks, ensuring a rapid return on investment at each step along the route
map.
The following products and services are combined within PayFac to produce a total
and complete payment solution:
- SWIFT, CHAPS UK Faster Payments & BACS transfers available from a single solution
- Automatic notifications to recipients that payments have been made
- Professional Services to enable PayFac to be fully integrated with host accounting/financial
software
- Consistently high customer service levels, e.g., 24 hour payment query resolution
- Forward Exchange Contracts allowing the customer to lock in an exchange
rate for a future date
- Business Continuity & Disaster Recovery services for payment processing
The best rates and guidance combined with the UK’s best dealing and payment system.
Foreign Exchange does not get better than this.
Make secure & efficient domestic UK payments including BACS, CHAPS & UK Faster payments
service. No software fees, no maintenance, just a comprehensive payments platform
via a single internet solution.
Make international payments worldwide either electronically or by draft all through
our simple and secure online platform, PayFac.
Manage exposure to foreign market movements with hedging services.
Continuity of payments & foreign currency exchange in unforeseen or difficult
circumstances.
A personalised & proactive service provided by trading & payment professionals.