Define: VocaLink

Business, Legal & Accounting Glossary

Definition: VocaLink



What is the dictionary definition of VocaLink?

Dictionary Definition


VocaLink is the company that owns and operates the infrastructure for the UK’s national bank payments. They work closely with both BACS, the automated payment scheme utilised by British banks, and LINK, which manages the UK’s network of nationwide cash machines.


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Full Definition of VocaLink


Vocalink is a payment systems company headquartered in the United Kingdom, created in 2007 from the merger between Voca and LINK.

Vocalink designs, builds and operates the UK payments infrastructure, which underpins the provision of the BACS payment system, the Direct Debit system, the UK ATM LINK switching platform and the UK Faster Payments systems.

VocaLink operates its services out of two UK data centres which are based in Harrogate and Dunstable.


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https://payrollheaven.com/define/vocalink/
Modern Language Association (MLA):
VocaLink. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 05, 2020 https://payrollheaven.com/define/vocalink/.
Chicago Manual of Style (CMS):
VocaLink. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/vocalink/ (accessed: April 05, 2020).
American Psychological Association (APA):
VocaLink. PayrollHeaven.com. Retrieved April 05, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/vocalink/

Definition Sources


Definitions for VocaLink are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th July, 2019