iFAST Global Bank Launches 'Get Paid' for Streamlined Business Payments

News related to:iFAST Global Bank · 2 min read

LONDON, Sept. 23, 2026 /CourierPR/ -- iFAST Global Bank has launched a new payment management solution called 'Get Paid' to help businesses streamline their payment collection processes. The feature is designed to address common challenges faced by small and medium-sized enterprises (SMEs) in managing and reconciling payments.

With 'Get Paid', businesses can instantly top up their account balances, create personalized payment links, generate QR codes, and issue professional invoices. These tools are integrated into the iFAST Global Bank business banking app and website, allowing seamless payment collection and management.

The 'Get Paid' solution offers several features to enhance payment management. Businesses can generate personalized payment links and QR codes, which can be shared via preferred communication channels. Customers can complete transactions through a secure payment page without the need for additional payment infrastructure. Payments are received directly into the business's Multi-Currency Business Account, with instant payment notifications and real-time visibility through the dashboard. This enables businesses to monitor payment status more efficiently and maintain better oversight of their cash flow.

Businesses also benefit from flexible controls over each payment request, including the ability to customize brand logos, set expiry dates, define payment limits, and determine the number of permitted uses for each payment link or QR code. Unlimited payment requests can be created at no additional cost, with no monthly subscription fees.

In addition, 'Get Paid' includes built-in invoicing capabilities that enable businesses to create and send professional, branded one-off or recurring invoices directly from the platform. Businesses can monitor invoice status from a centralised dashboard, while automated overdue payment reminders help reduce administrative effort and support more predictable cash flow management.

iFAST Global Bank also offers a Multi-Currency Business Account, which is a fully licensed UK bank account. The account is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), and is a direct member of the Bank of England Faster Payment Scheme, Clearing House Automated Payment System (CHAPS), and SWIFT. Eligible deposits are protected up to £120,000 under the Financial Services Compensation Scheme.

The Multi-Currency Business Account features include: - No monthly fees: No tiered subscription plans or account maintenance charges. - Interest on everyday balances: Businesses earn 2.65% AER (variable) on GBP everyday balances, allowing working capital to continue generating returns while remaining accessible. - Multi-currency access: Hold, receive, spend, and transfer across eleven major currencies: GBP, EUR, USD, SGD, HKD, CNY, JPY, CHF, CAD, AUD, and AED. - Ability to onboard overseas shareholders: iFAST Business can onboard UK-registered businesses with non-resident shareholders and overseas entities, supported by a dedicated relationship manager throughout the onboarding process. - Fixed term deposits: For businesses with larger reserves, fixed term deposits are available at rates of up to 4.50% AER on GBP balances. - International currency conversion payments: Free for transfers of £2,500 or equivalent and above. For transfers below that threshold, a flat fee of £15 per transaction applies. - Free inbound and domestic payments: Domestic sterling payments and inbound international payments are free of charge.

Established in 2000, iFAST Corporation is a global digital banking and wealth management platform with assets under administration of S$32.64 billion as of 31 March 2026. The company operates in Singapore, Hong Kong, Malaysia, China, and the UK.

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