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Pay your team in minutes, not days

Caxton provides a Faster Payments–powered payroll solution that lets businesses and payroll bureaus run payroll at any time, send near-instant salaries in GBP or multiple currencies, fix errors quickly and avoid the three-day Bacs cycle. FCA-regulated and trusted by top-tier accountancy firms since 2002, Caxton is the reliable backup or primary payment rail that ensures teams get paid on time, every time.

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How it works

1

Upload your payroll file

Use your existing payroll system - no new process required.

2

Approve in the Caxton platform

Apply custom approval workflows for full control.

3

Send instant Faster Payments

Salaries arrive in seconds, not days.

4

Fix errors or re-run payroll anytime

No waiting for the next Bacs window.

5

View full reporting in real time

Monitor payment status, audit trails and reconciliation instantly.

No backup? No payroll

Missed deadlines, file errors, or system failures shouldn’t delay payday. Caxton provides a real-time backup rail so you can pay employees without disruption - no extra software and no change to your existing process.

Features

Speed
Availability
Cut-off deadlines
Error correction
File compatibility
Currency support
Ideal for

Bacs Payroll

3 working days
Weekdays only
Strict
Delayed until next cycle
Standard payroll files
GBP only
Predictable schedules

Caxton Faster Payments Payroll

Near-instant (seconds)
24/7/365
None
Instant adjustments
All major file types
GBP + multi-currency
Flexible, variable, last-minute payroll

Bacs Payroll

Speed - 3 working days
Availability - Weekdays only
Cut-off deadlines - Strict
Error correction - Delayed until next cycle
File compatibility - Standard payroll files
Currency support - GBP only
Ideal for - Predictable schedules

Caxton Faster Payments Payroll

Speed - Near-instant (seconds)
Availability - 24/7/365
Cut-off deadlines - None
Error correction - Instant adjustments
File compatibility - All major file types
Currency support - GBP + multi-currency
Ideal for - Flexible, variable, last-minute payroll

Meet some of the clients benefiting from Caxton Faster Payments

Would you like to meet them? Click through to read the case study, or book a demo and request an introduction.

"The Caxton payroll payment solutions have transformed our payroll operations, providing faster and reliable payment solutions for our clients"

Live Pay, a payroll bureau operating nationally and internationally, faced challenges for some clients, with the traditional three-day BACS payment cycle. By partnering with Caxton, they now offer faster payments through a proprietary platform. This integration ensures quicker, more efficient payments for customers, reducing processing time from three days to just one. 

Sync with your accounting software

Connect Caxton to your preferred accounting software, such as QuickBooks, Sage, Xero and Netsuite or upload a payment file directly. Watch as the two work together to streamline your payroll processes.

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Added level of service for Accounting Firms

With secure open banking, you can connect a Caxton payroll payments account to your clients bank, and finally take care of their payroll end to end  - without the need for BACS registration, and without sharing passwords or requiring them to make the final payment via direct debit.

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A smart choice for Payroll Bureaus

Caxton Payroll Payments offer key advantages for bureaus: reduced risk with FCA protection and no client money in your accounts, 24/7/365 payments to ensure prompt payroll anytime, and enhanced control with customisable authorisation levels. Additionally, our simplified onboarding for subsidiaries allows you to manage multiple clients on a single account without tedious processes, saving time and providing a hassle-free experience.

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Switch to Caxton, and get the job done right

Faster Payments and your Caxton Business Account unchain you from cemented payroll timelines that don't support payroll teams ideal working cycle. 

Your own dedicated account manager

We don't just sign you up. With Caxton, you'll have a dedicated account manager who understands your unique payroll needs, offering tailored solutions and proactive issue resolution. Enjoy efficient, personalised support, always.

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Discover our success stories

Learn how we've transformed payroll processes across a range of businesses, with dedicated experts supporting them every step of the way.

What Is a Payroll Payment Solution?

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A payroll payment solution is a system that allows businesses to pay employees accurately and on time. Traditional payroll relies on Bacs, which takes up to three working days and stops for weekends and bank holidays. Caxton replaces or supplements this with Faster Payments, enabling real-time salary transfers that work every hour of every day, giving payroll teams flexibility, speed, and full control.

What is Faster Payments payroll?

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Faster Payments payroll uses the UK Faster Payments network to send salaries instantly instead of using the traditional three-day Bacs cycle. It allows payroll teams to make payments 24/7, including weekends and bank holidays.

Can Caxton replace or support Bacs payroll?

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Yes. Caxton can act as a full replacement or a backup rail for Bacs. If cut-offs are missed or urgent corrections arise, Caxton enables instant payroll payments with no process change.

Does Caxton support payroll on weekends and holidays?

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Yes. Payroll can be processed at any time of day, 365 days a year, including evenings, weekends, and bank holidays.

Does Caxton integrate with payroll or accounting software?

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Caxton works with all payroll systems and integrates with platforms such as Xero, Sage, QuickBooks, and NetSuite. You can upload standard payroll files without changing your workflow.

Is Caxton FCA regulated?

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Yes. Caxton operates as an FCA-regulated payments institution, ensuring security, compliance, and protection for businesses and employees.

Can I pay employees in multiple currencies?

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Yes. Caxton supports payroll payments in GBP and multiple currencies with a single file upload.

WHAT ARE YOU WAITING FOR?

Don't let outdated payroll processes hold you back

Experience the benefits of faster payments with Caxton today. Book a chat at a time that suits you and upgrade your payroll process to save time, reduce costs, and improve efficiency.