Digital Escrow Wallets, Virtual Bank Accounts, Payment Scheduling
A portal that creates virtual bank accounts instantly, verifies your customers, allows you to create escrow wallets for multiple purposes and enables you to create automated payment schedules to handle any incoming or outgoing payments.
Simplify And Protect Your Payment Process
-Make payments or invite others to pay you. Establish frequency of payments (one-time or recurring) and choose the funding source (your eWallet or Card or Direct Debit)
Set aside funds for a specific purpose with a counterpart. Money is held in a separate escrow wallet and can be released to the seller on achievement of agreed milestones.
Members are assigned their own GBP and EURO account that can be used just like any normal bank account.
WHITELIST PAYEES, FUNDING SOURCES. RESTRICT ROLES
Assign roles and responsilibilities to members of your organisation. Set up bank accounts that you can pay funds to.
REAL TIME ON-BOARDING AND KYC
Members are verified online. This ensures you can trust the members you are transacting with.
MULTIPLE PAYMENT OPTIONS
Fund your wallet via Direct Debit, Card or bank transfer.
Benefits of the Customate Payments Platform
Digital Escrow Wallets to protect your payments and ensure you get paid
Customate’s Escrow Wallets provide both Buyer and Seller with security and flexibility when transacting. Parties have the option of funding upfront or in milestones and drawing down the Escrow in full or gradually as services are perfomed. The Seller doesn’t need to chase the Buyer for payment and the Buyer can manage their budget and administration.
Create automated payment schedules for receipts and payments
Use the “Scheduler” to establish one-time or recurring schedules. Invite your customers to pay you, or make payments to them. No more late collections or forgotten payments, just set and forget. Payments are automatically reconciled as your customers are assigned a unique bank account. Upload contracts or files as supporting documentation and we can add recurring payments to the credit record to improve the credit score of the payer.
Virtual Bank Accounts Unique to Each Customer
Customate’s Virtual Bank Accounts provide you with your own unique bank account for multiple currencies. This allows your customers or suppliers to make payments into dedicated bank accounts and remove any reconciliation issues. Establish Automated Funding Schedules to make recurring Payments and Collections from these Virtual Bank Accounts.
Accept Direct Debits, Bank transfers, Cards
Digital customer on-boarding and verification.
Protect your payments with notifications and reporting
Assign roles and white-list funding sources and Payee accounts
Ready To Get Started?
GoCustomate is not a bank. We don’t take risks with your money, so it isn’t covered by the Financial Services Compensation Scheme. Your money is kept in a protected, ring-fenced account, safeguarded under UK Electronic Money Regulations 2011. Customate Ltd (“GoCustomate) is a company registered in England and Wales whose registered office is at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom and whose registered number is 11491229. Customate Ltd operates under the licence of PerfectCard DAC, authorised by the Central Bank of Ireland under the European Union (Payment Service) Regulations 2018 (Register ref: C95957) for the issuing of electronic money.