Faster Payroll Payments

Need more time and flexibility to pay your employees?

Faster payments gives you two extra days to process your payroll, improving your accuracy and mitigating the risk of late change costs. And all at a similar cost to a Bacs payment.

Faster Payments service from Mastercard

Payroll payments are evolving

Moorepay’s innovative payment solution provides flexible and secure access to UK Faster Payments.

Seamlessly integrated into the payroll process, this payment method reduces the costs, risk and pressure imposed by traditional payment solutions.

Put simply, it helps you run a more accurate payroll, every time.

And what’s surprising is… Faster Payments can actually be more cost-effective than Bacs payments.

Try faster payments today

In partnership with Mastercard*

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Better cashflow and better accuracy

Cashflow flexibility

Your money in your bank account for two extra days, improving cashflow and earning you more interest

Payroll accuracy

Get two extra days to make your data submission, giving you more chance to ensure your payroll is accurate

Cap your costs

Should you need to make changes to the payroll, avoid costly recall and chaps payment charges

Finance Manager for Faster Payments

A happy finance team

  • Cashflow flexibility – you have the flexibility of two extra days to fund your salary payments
  • Reduce your costs – Faster payments can work out more cost effective than Bacs payments
  • Cap your ongoing costs – should you need to make changes to the payroll, avoid costly recall and chaps payment charges
  • Save money on cash borrowing – Save costs of two extra days’ interest on your salary fund borrowing from your bank
Payroll Manager on Faster Payments

A happy payroll team

  • More time to process payroll – allow yourself more time to make payroll changes and data submission by up to two days
  • Flexible late changes – rest assured that should you need to make any last minute changes you have the time to do so
  • Avoid high late change fees – Should you need to make changes, avoid costly recall and chaps payment charges
  • A better employee experience – a more accurate payroll will lead to happier employees

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