Maximise payments efficiency across receivables, payables, collections and disbursement. Remove hidden inefficiencies and costs to give back valuable time.
No more payment delays. Make and manage payments 24 hours a day, 365 days a year. With 99% of payments fulfilled within 90 seconds. All backed by our industry-leading SLAs.
Don't let manual processing slow you down. Eliminate error-prone batch files and process transactions without manual intervention. Improve security, control and reconciliation.
Set rules to trigger splits, sweeps and notifications when you receive funds. Move money quickly between your accounts and get better control of working capital.
Create fully automated work flows and eliminate manual batch file processing. Reducing the cost of making payments by more than 86%.
Imagine if you could guarantee payments within minutes. Borrowers could receive their money as soon as the loan is agreed; contractors could get paid immediately after work; investors in online apps and products could feel safe in the knowledge their money is a few seconds away.
With straight-through processing and notifications, you always know the status of payments. And you can spot errors before your customers do.
"If we didn't have that automated splitting capability, then our funding would look very similar to a standard high-street funding option and give very little benefit to the end business. It's made our customer journey slicker, smoother and faster."
Rob Straathof Liberis"With Modulr's API and 24/7 functionality, umbrella companies and payroll bureaus now have the luxury of waiting till Friday to receive payment from agencies to pay contractors."
Varun Monteiro AccentraModulr is authorised and regulated by the FCA as an Electronic Money Institution (FRN: 900573). We can issue accounts with sort codes and Euro IBANs. Our accounts access existing payments services – Bacs, CHAPS, Faster Payments, SEPA, Visa and Mastercard - so businesses can receive and make payments easily.
As directly connected participants to the Faster Payments and Bacs schemes, we are able to hold and settle funds at the Bank of England, meaning greater reliability and security.
All built on a secure platform with multi-factor authentication, activity observation and regular penetration testing.