Ontime is a better way to pay your bills. With Ontime you can pay your bills straight from your wages—which makes it a lot less likely you'll miss a bill payment. We all know that when you miss a bill it creates a whole load of **** to deal with: phone calls; fees; damaged credit scores. That's stress you can do without.

That's why we built Ontime. We want to make managing money simple—and take away the pain and frustration that money can bring. So with Ontime, when you get paid, your bills get paid. No stress.

And it’s a sweet deal. If you pay with Ontime you can get benefits like discounts on bills, cashback, and access to better products.

Hold up. There’s more. By paying your bills before your wages lands in your current account, Ontime makes it clearer what you can spend on food, fuel and fun. Sure, Ontime’s not going to turn you into an accountant overnight—but we’ll definitely help you to get on top of your money.

Unlike high-street banks, our partner, Modulr doesn't do anything risky with your money - they just hold it for you at the Bank Of England.

Modulr provides your Ontime e-money account. Modulr is an Electronic Money Institution. This means the FCA allows Modulr to create e-money accounts and to send and receive payments. The law requires Modulr to protect your money. This protection is called safeguarding. Below we've explained what Modulr does to protect your money.

Safeguarding Process

The law requires Modulr to 'safeguard' your money.

This means:

• Modulr stores 100% of your funds in an account that is separate from Modulr's own funds
• So, if £100 is sent to your Ontime account, Modulr would store £100 in a safeguarding account
• The safeguarded funds cannot be used for any other purposes
• These funds are completely separate from the money Modulr uses to run its business

Extra Protections

• Modulr must hold an extra 2% of the total value of safeguarded money in its own separate funds as an extra buffer
• So, when £100 is sent to your Ontime account, Modulr needs to store an extra £2 in its own funds as a buffer
• Safeguarded funds are held in accounts at the Bank of England or other banks

Who Makes Sure Modulr is Doing the Right Thing?

• The Financial Conduct Authority sets out the rules for Modulr to follow and makes sure they stick to them
• An independent firm reviews Modulr's safeguarding processes every year

In Case of Insolvency

If Modulr becomes insolvent:

• Customer funds are kept separate from Modulr's own funds. These funds are protected from creditors (organisations and people who Modulr owes money to)
• An independent insolvency practitioner would be responsible for sending you your money

Modulr accounts are not covered by the FSCS scheme. However, the FCA has designed the safeguarding requirements to protect all your money.

No financial system is without risk. The good news is that Modulr has strong safeguards in place to protect your money in your e-money account.

Your provider has chosen Ontime to help you stay on track with your payments. They have got to know us, checked out our credentials and are excited to offer Ontime to their customers.

We are a distributor of Modulr, who is regulated by the Financial Conduct Authority (FCA). They're on the FCA website. Modulr put us through three months of checks on our business and team before they accepted us as a partner.

If you're still worried that Ontime might be a scam, you can find the Directors on Companies House and on LinkedIn (Frank, Miles, Simon, Tim). We’ve been building products to help people with their money for many years.

Yes. You can contact your provider to cancel a payment that hasn't yet been taken - and they must do this.

You can sign up for Ontime if you:

• Are at least 18 years old
• Are employed
• Live in the UK
• Have a regular UK bank account
• Are a customer of a provider we are partnered with

Your provider will have sent you an email or text if they’ve made Ontime available to you.