- Agriculture, Alternative Medicine, Animation, Apparel and Fashion, Architecture & Planning, Arts & Crafts, Automotive
- Biotechnology, Broadcast Media, Building Materials, Business Supplies & Equipment
- Civil Engineering, Commercial Real Estate, Computer & Network Security, Computer Games, Computer Hardware, Computer Networking, Computer Software, Construction, Consumer Electronics, Consumer Goods, Consumer Services, Cosmetics
- Dairy, Design
- E-learning, Education Management, Electrical and Electronic Manufacturing, Entertainment, Environmental Services, Events Services
- Facilities Services, Farming, Fishery, Food & Beverages, Food Production, Furniture
- Glass, Ceramics & Concrete, Graphic Design
- Health, Wellness & Fitness, Higher Education, Hospital & Health Care, Hospitality, Human Resources
- Import & Export, Industrial Automation, Information Services, Information Technology & Services, Internet
- Leisure, Travel & Tourism, Logistics & Supply Chain, Luxury Goods & Jewellery
- Machinery, Management Consulting, Maritime, Market Research, Marketing & Advertising, Mechanical/Industrial Engineering, Media Production, Medical Devices, Medical Practice, Mental Health Care, Motion Pictures & Film, Music
- Nanotechnology, Newspapers
- Online Media, Outsourcing/Offshoring
- Package/Freight Delivery, Packaging & Containers, Paper & Forest Products, Performing Arts, Pharmaceuticals, Photography, Plastics, Printing, Professional Training & Coaching, Program Development, Public Relations & Communications, Publishing
- Railroad Manufacturing, Ranching, Real Estate, Recreational Facilities & Services, Renewables & Environment, Research, Restaurants, Retail
- Semiconductors, Shipbuilding, Sporting Goods, Sports, Staffing & Recruiting, Supermarkets
- Telecommunications, Textiles, Translation & Localisation, Transportation/Trucking/Railroad
- Utilities
- Veterinary
- Warehousing, Wholesale, Wine & Spirits, Wireless, Writing & Editing
- & other legitimate activities.
Online Payment Services and Solutions for All UK Business Types and Industries
Tired of struggling with online payments? Look no further than Bedford Pay – with a superb range of payment solutions for businesses in any industry.
With decades of experience under our belt, our dedicated online payments professional team knows exactly what your business needs. We tailor our financial payment solutions to suit the unique requirements of different UK sectors. Whether you’re a small startup or a large corporation, we’ve got you covered with traditional money movement solutions such as:
Domestic Bank Transfers
- For your British Pound Sterling (GBP) transactions, Bedford Pay is utilising FP (Faster Payments) and CHAPS (Clearing House Automated Payments System) within the UK-only payment systems.
Cross-Border Transfers
- For your Euro (EUR) transactions, Bedford Pay is utilising SEPA (the Single Euro Payments Area initiative), with reach to 41 jurisdictions, and T2 (formerly TARGET2), with reach to 23 jurisdictions.
- For your United States Dollar (USD), Euro (EUR), and 30+ other currency transactions utilising SWIFT (the Society for Worldwide Interbank Financial Telecommunication), with reach to over 11,000 financial institutions in over 200 countries and territories (excluding sanctioned entities and jurisdictions).
E-money / Stored Value
- A Prepaid Wallet is a general-purpose stored-value account that may or may not be funded in advance, which can be used for a wide variety of purchases or services. In this case, you will be issued either a named (in your business name) or a pooled (with reference to your business name) virtual account, e.g., a Virtual IBAN for the Euro case. General use cases are not limited to Business purchases, online payments by bank transfer, bill or invoice payments, business payments, own fund transfers, and inbound settlements. We utilise an open-loop system, which means you can use your account to pay anyone for legitimate operational business purposes. The virtual account is regulated as e-money and requires an EMI licence (UK), which we hold, whilst your business funds are redeemable and widely spendable. For stored balances, we must adhere to the UK safeguarding rules to ensure your peace of mind and the regulator’s. Your account is reloadable; you can either receive or transfer in any amounts repeatedly. Generally, to use our neo banking system, you will need to complete KYB (Know Your Business) onboarding.
Foreign Currency Exchange
- Instant FX lets you convert currencies immediately at the live market rate and is designed for businesses that need fast, predictable, real-time conversions. You enter the amount and the currencies (e.g., GBP → EUR), the platform displays a live executable rate, and once you click “Convert”, the exchange happens instantly, with the converted funds appearing in your currency account right away and available for immediate payout. Key benefits include rapid conversion within seconds, complete transparency by showing the exact rate before confirmation, no waiting—ideal for urgent transactions, supplier payments, payroll, or invoice settlement—and full automation through APIs, rules, or marketplace workflows. Businesses typically use Instant FX when paying international suppliers, receiving customer payments in EUR but needing GBP immediately, managing marketplace or e-commerce settlements, or converting revenue in real time to minimise risk.
- Bespoke FX is a customised foreign exchange solution tailored to your business’s specific needs, offering better pricing, larger trading limits, and specialised features that standard instant FX cannot provide. Through our secure messaging platform, you can speak directly with a dedicated FX specialist who will help structure the most suitable rate and execution method for your transaction, which may include negotiated rates for large volumes, forward contracts to lock today’s rate for future settlement, split settlements to exchange only what you need when you need it, multi-leg conversions (e.g., GBP → USD → CNY), scheduled FX plans, and risk-management strategies to minimise exposure to market volatility. Key benefits include preferential pricing for high-volume or strategic clients, rate protection through hedging or forward agreements, the ability to handle six- or seven-figure conversions, expert human oversight to optimise timing, and fully customised solutions aligned with your cashflow, invoices, and risk tolerance. Businesses typically use Bespoke FX when paying large international invoices, protecting margins from currency fluctuations, planning payroll or recurring foreign payments, converting funds over several months, or managing cross-border treasury operations.
Bulk Invoice and Payroll Payment Solutions
- Bedford Pay allows businesses to send large volumes of payments—such as supplier invoices, contractor fees, or employee payroll—in one single, streamlined action rather than processing each payment individually. This significantly reduces manual work, eliminates repetitive data entry, and minimises the risk of errors. Bedford Pay currently provides a secure uploadable spreadsheet solution, where the business prepares a payment file (e.g., CSV or XLSX) containing all recipients, amounts, currencies, and payment references. Once the file is uploaded to the platform, the system automatically validates the data, checks for formatting or compliance issues, and displays a summary for approval. After the business confirms the batch, Bedford Pay processes each payment in the background, executing multiple transfers simultaneously—whether domestic, international, or currency-converted through Instant FX. This approach ensures fast, accurate settlements and provides complete reporting and audit trails. In the near future, Bedford Pay plans to expand this solution with enhanced features, including API-based bulk submissions, reusable templates, automation rules, scheduled payment cycles, approval workflows, and integration with accounting and HR systems, delivering a scalable, highly efficient mass-payment engine for growing businesses.
Currency Forward Contracting, ISO-model Acquiring, and Chargeback Management services are provided through our licensed underlying strategic partners.