Access the latest innovation in payments

We’re at the forefront of cutting-edge industry initiatives to make the latest innovations available to our customers.

  • Payment Initiation Service
  • Confirmation of Payee
  • Request to Pay

Payment Initiation Service

Now live

Payment Initiation enables businesses across acquiring, eCommerce, property and alternative banking to settle faster, reduce the risk of fraud and offer a cost-effective alternative to traditional card services.

Our Payment Initiation Service is plugged in to most major UK banks with European banks to follow. 

Read the Payment Initiation product guide.


Settle and reconcile in real-time
Payments settle in real-time with receipt notification, rather than the 3 days taken under card payment alternative, meaning better cashflow.


Lower acquiring costs
The card payment alternative is prone to expensive fees and fraud. Unlike other PIS providers, Modulr only charges per successful transaction.


Reduce fraud
Customers authenticate through their own bank, meaning a lower rate of fraud or chargeback process.

Confirmation of Payee

Now live

Confirmation of Payee gives greater assurance payments are going to the right recipients. Reduce the risk of fraud and protect your business, your money and your customers. 

We are the first non-bank or building society to support the new Confirmation of Payee scheme run by Pay.UK, which validates account details.

Lenders, we also offer a standalone Confirmation of Payee API to check payee details before disbursing loans.


Prevent fraud
Reduce the risk of authorised push payment (APP) fraud. APP fraudsters steal £479m every year.


Customer peace of mind
Fight back against accidental or incorrectly entered bank details.


Make Faster Payments safer
With ever shrinking settlement windows, you need a way of protecting customers without delaying accurate payments.

Request to Pay

Coming soon

Request to Pay allows you to request payments, communicate with customers, reduce collection costs and automate manual invoicing.

Our Request to Pay service accessed through one API provides your customers with a flexible way to pay bills. By making it easier to pay their bills, you’ll boost retention and deliver outstanding customer experiences.

Communicate with any merchant or customer holding an activated account with the UK Request to Pay service.


Real-time payments plumbed into your software
Send and receive money in near real-time. Payments arrive in seconds, with 24/7 access and support.


Greater flexibility
Customers can now choose how and when they pay, allowing customers to pay when they have the money.


Reduce collection costs
Customers can divide their payments, which increases their chances of paying on time and minimises the cost involved in debt collection. 

Download your guide

We've created one-page guides for Payment Initiation and Confirmation of Payee, plus a comprehensive report into UK payments.

Fill in your details and select which guides you would like to access.