Having spent 170 years paying the UK armed forces and government employees, our experience in this area is second to none.

Payments processing can be a major logistical challenge for large organisations or those with large and complex payments matrices.

Our ability to handle everything from individual transactions to large volumes of payments accurately and securely – in terms of both processing and actual banking payments – enables customers to streamline their own operations, and even develop new business models with confidence.

Annuity payments, for instance, are a critical factor in the economics of insurance-based pensions, but often struggle to keep up with industry-leading standards without major back-office investment. Xafinity Paymaster overcomes this.

Whether we are paying annuities, salaries, pensioner payroll or banking payments, our sophisticated systems offer a wide range of payment methods and frequencies, flexible increases and all aspects of tax and NI.

Our comprehensive range of payments services include:

• Annuity payments
• Overseas payments
• Payments processing
• Pensions payroll
• Salary payments

Integral to pension administration and payments, collections is nonetheless a complex and critical skill-set in its own right, which can challenge individual finance departments. Problems in this area can seriously impact cash-flow and potentially cause significant issues with pensioners, suppliers or employees.

Xafinity Paymaster is highly experienced in collections, and has the skills and dedicated systems required to handle the process smoothly and efficiently – and at low unit cost.

As the organisation responsible for collecting contributions for one of the largest pension schemes in Europe – that of the UK National Health Service – we have a degree of experience in this field that is unmatched anywhere else in the UK market.