iFAST Global Bank launches ‘Get Paid’ features for business payments

iFAST Global Bank has launched ‘Get Paid’, a new payment management solution for its Commercial Banking customers. The feature enables businesses to receive, track and manage payments through personalised payment links, QR codes and invoices.

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.

Using Get Paid, businesses can generate personalised payment links, QR codes 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.

This article is produced by SWNS based on content distributed by GlobeNewswire.