What is Comma?

Comma is an online platform built to streamline the process of paying business expenses such as bills, invoices, salaries and taxes.

Born out of frustration at just how tedious business banking can be, we decided it was time for a bit of magic.

Why use Comma?

  • Bulk pay salaries, invoices and taxes.

  • Spend less time processing payments - save time to focus on your business.

  • No transaction fees. No matter how many payments you make.

  • No more banking bullshit.

How it works in 3 easy steps

1. You or your accountant prepares a payment run

Your finance team set everything up. They enter payee bank details, invoice references, and amounts. They then share the fully prepared payment run inside Comma to be reviewed.

2. You or the decision-maker reviews the run

Shared payments runs are reviewed and changes can be made. If you haven't yet received goods from a supplier - remove them from this run. You decide what gets paid and when. If everything is all good - it's time to pay!

3. Click Pay and it's done!

Comma connects to the businesses existing bank account allowing users to pay multiple payments with one authentication. You can do this on the go on a mobile or in the office on a desktop - basically anywhere!

Once you nominate a bank account it is stored in Comma for future transactions. Payments can only be initiated via your standard bank login procedure so you can be sure your details and accounts are safe.

How do I know Open Banking is safe?

Open Banking has been designed with security at its heart – here’s how:

  • πŸ”’ Bank-level security – Open Banking uses rigorously tested software and security systems. You’ll never be asked to give access to your bank login details or password to anyone other than your bank or building society. Comma will not store your login details.

  • πŸ“œ FCA regulated – Only apps and websites regulated by the FCA or European equivalent can use Open Banking. Comma uses a regulated entity called Yapily Connect to connect to your bank.

  • πŸŽ›οΈ Fine control – The account holders choose when, and for how long, they give access to their data.

  • πŸ’ͺ Extra protection – Bank or building societies will pay the customers money back if fraudulent payments are made. Customers are also protected by data-protection laws and the Financial Ombudsman Service

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