What We Do
Since 1989, Bottomline has been modernizing global business payments with connected solutions for more than 800,000 financial institutions and businesses in 92 countries.
Securely and efficiently manage funds disbursements
For Businesses
Streamline the collection and management of single and recurring payments
Direct submission and processing of your UK bank payments for payables and receivables
Centralize and automate all your payment creation, controls, and submissions
Comprehensive connectivity to Swift and other domestic and global financial messaging networks
For Banks & Financial Institutions For Businesses
Convert legacy financial message formats to modern message standards
For Banks & Financial Institutions
Easily view analytics of financial messages with central repository
Reduce fraud and errors through digital account verification
Efficiently screen transactions to identify and manage sanctions risk
Stop payment fraud before it happens. Detect, investigate, and protect against internal and external threats.
View, optimize, and forecast your cash position with all accounts connected in one solution
Who We Serve
Our Company
Collect single payments simply and cost-effectively direct to your account, powered by Open Banking. As an alternative to cards, cheques, or manual bank transfers. Receive low-cost, error-free instant payments directly into your bank account and provide your customers with a simple, secure method of payment.
Account-to-account (A2A) payments (also known as “bank transfers”) have been around for a while. Typically seen as a banking transaction, they move money from one account to another. Simply, cheaply, and quickly.
The issue for businesses is that bank transfers have to be instigated by the customer, and that’s where issues creep in; delays and errors can block your company from collecting the cash you’re trying to collect. This is where the power of Open Banking and our newest payment solution, Pay Direct, come in.
Pay Direct reduces the cost, effort, and settlement delay associated with receiving payments by card, traditional bank transfer and cheque. The reference data and payment details are securely locked in, eliminating the risk of payer error. Using Bottomline's Statement Searcher service you can easily reconcile your Pay Direct payments in your receiving bank account, helping the timely completion of orders and increasing customer satisfaction. And with no chargeback facility there is no risk of unfair payment reclaims.
With Pay Direct, no sensitive customer data is shared with you or Bottomline. On the customer’s side, since the transaction is secured by their online banking credentials it is fast and familiar with no keying of account details and no payment credentials left at risk with third parties. And for your business that is one less data security concern.
It’s simple. Offer your customers the ability to pay directly by bank transfer at the point of checkout or generate links that can be shared with them by SMS, email, or invoice. By clicking on 'pay by bank' or link, they will be redirected to select their bank and follow their online banking journey, authenticate using their own credentials, and authorize the payment.
Since the payments are processed via the Faster Payments Service (FPS), you’ll receive the funds in up to 2 hours (usually within seconds). Plus, since they are A2A payments, you’ll only pay a flat fee for each transaction.
Easier for your customer. Faster and cheaper for your business.
Collect outstanding balances or invoices from your customers using a secure payment link. We generate the link, you distribute the link, your customer clicks to pay, and you get paid.
Offer your customers the ability to pay by bank transfer at checkout. Your customer selects to pay by bank transfer, clicks to pay, and you get paid.
Pay Direct is provided by Bottomline Payment Services Ltd (Registered in England no: 3986072), who are authorised by the Financial Conduct Authority under the Payment Services Regulations for the provision of payment services with FCA registration number 616279 and whose registered office is at 1600 Arlington Business Park, Theale, Reading, RG7 4SA.
Explore more Receivables Automation ideas to help your business get paid.
Learn More
Speak to one of our experts today.
