Under the terms of the partnership, First Capital Cashflow is set to enable the bank’s business customers to process and manage both direct debit and direct credit payments via a direct debit platform.
First Capital Cashflow, a Financial Conduct Authority (FCA) accredited payment institution, has over 10 years’ experience in the payments industry and is a direct debit provider that has its own in-house developed platform. FCC began trading in 2001 and specialises in outsourced payment processing on behalf of startups, banks (agency/ challenger banks, NBFI’s), financial institutes, corporates, SME, clubs, not-for-profits, the public sector.
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