The solution is designed to address a common challenge faced by businesses: collecting payments efficiently while maintaining clear visibility over incoming transactions.
“Many SMEs rely on manual bank transfers, multiple payment platforms or traditional invoicing processes that can make payment reconciliation time-consuming and fragmented. Our new payments solution provides businesses with a simple and secure way to request, receive and track payments, helping business owners spend less time on administration and more time growing their business,” said Steve Chu, Commercial Banking Manager of iFAST Global Bank.
About Get Paid
Using Get Paid, businesses can generate personalised payment links, QR codes1 and invoices, as well as seamlessly top up funds from external bank accounts, all within the iFAST Global Bank business banking app or website.
Through Payment Links and QR Codes, businesses can share payment requests with customers via their preferred communication channels, helping to streamline the payment collection process. 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 customise 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.
For more information about Get Paid and the iFAST Global Bank Multi-Currency Business Account, please visit the Get Paid page on the iFAST Global Bank website.
About the Multi-Currency Business Account
As a licensed UK bank authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and PRA, iFAST Global Bank offers eligible deposits protected up to £120,000 under the Financial Services Compensation Scheme.
Key features of the Multi-Currency Business Current Account include:
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No monthly fees: No tiered subscription plans or account maintenance charges.
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Interest on everyday balances: Businesses earn 2.65% AER^ (variable) on GBP everyday balances, allowing working capital to continue generating returns while remaining accessible.
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Multi-currency access: Hold, receive, spend and transfer across eleven major currencies: GBP, EUR, USD, SGD, HKD, CNY, JPY, CHF, CAD, AUD and AED.
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Ability to onboard oversea shareholders: iFAST Business can onboard UK-registered businesses with non-resident shareholders and oversea entities, supported by a dedicated relationship manager throughout the onboarding process.
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Fixed term deposits: For businesses with larger reserves, fixed term deposits are available at rates of up to 4.50% AER2 on GBP balances.
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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.
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Free inbound and domestic payments: Domestic sterling payments and inbound international payments are free of charge.
About iFAST Corporation & iFAST Global Bank
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. Established in 2000, it operates in Singapore, Hong Kong, Malaysia, China, and the UK.
iFAST Global Bank is a fully licensed UK bank, offering multi-currency deposits, payment services, and remittance solutions. Regulated by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), the Bank is a direct member of the Bank of England Faster Payment Scheme, Clearing House Automated Payment System (CHAPS) and SWIFT. iFAST Global Bank is also a member of the Financial Services Compensation Scheme (FSCS) where eligible deposits are protected up to £120,000 per eligible customer or authorised firm.
For more information, visit www.ifastgb.com and www.ifastcorp.com
