Make a payment in under 27 seconds
Simplify your payroll and payment process by joining IGsend’s Faster Payments hub.
Used and trusted by
Payments made simple
In three easy steps…
Business approves payroll, loads data and funds, chooses payment time.
Funds are paid by Faster Payments
Employees are paid and IGsend notifies of a successful payment
Speed to pay out
As long as the receiving bank or building society uses Faster Payments too, the payment will arrive almost immediately.
Security
Income Group are partnered with leading Financial Institutions, Citi, Mastercard and Starling ensuring money is safeguarded and data is encrypted and secure. Income Group Ltd is authorised and regulated by the Financial Conduct Authority.
Reports
Each transaction response is shown instantly, allowing payroll teams to identify, correct and re-submit any problem or emergency payments the same day.
Optimise workflow
IGsend enables bulk payroll payments to be made instantly using Faster Payments, offering an opportunity to save valuable time and money.
Payments 24/7, 365
IGsend removes the 3-day wait associated with Bacs, enabling instant bulk payroll payments. For Businesses aiming to optimise their payroll process, Faster Payments provide a chance to save both time and money.
Easy Integration
IGsend is designed to seamlessly integrate with your organisation’s existing payroll data, ensuring a smooth and efficient transition. Its user-friendly interface and robust features simplify the integration process.
Best Practice
Work with a provider that is regulated
By opting for a provider that is authorised and regulated, customers can ensure their money is safeguarded and guarantee their data is encrypted and secure. Agents fall under the authority of the primary business so cannot provide payment services for which the principal business is not authorised. Under an agency arrangement, the agent does not have to be directly authorised by the FCA to provide these payment services regulations so it is ideal to trust a Faster Payments provider that is fully authorised and regulated.
Safeguard client money
Businesses should ensure they use Faster Payment providers that are regulated by the FCA and compliant with ICO standards. By choosing providers that follow these regulations, businesses can have confidence that their funds and data are secure. Income Group safeguards all client data linked to financial accounts by encrypting it both in transit and at rest. Given the sensitive nature of this information, it is further protected with additional access controls and continuous monitoring to prevent data misuse.
Check the degree of regulation
Customers should verify the level of regulation offered by their potential Faster Payment provider to ensure they receive the best service for their needs. Opting for an authorised payment institution enhances transparency among businesses and provides greater protection for consumers. Income Group is proud to be an authorised payment institution that is regulated by the Financial Conduct Authority (FRN 809483).
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