We won ‘Gold’! Joining the Fair Payment Awards

1 March 2025
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Written by wattage
Animated gold award for Fair Payment Code

Taking payment for suppliers seriously

In February 2025, we are proud to announce that Wattage Media won ‘Gold’ – as one of just 128 initial signatories within the UK!

As previous members of the ‘Prompt Payment Code’ created by the Small Business Commissioner, we were pleased to apply for the new ‘Fair Payment Awards’ in 2025.

To win Gold, you have to prove that you pay at least 95% of all invoices within 30 days – something we take seriously when working with our trusted suppliers.

You can see all signatories at… https://www.smallbusinesscommissioner.gov.uk/fpc/awardees/

What is the ‘Fair Payment Code’?

The Fair Payment Code is an industry scheme, run by the Office of the Small Business Commissioner.

With so many small businesses feeling the impact of cashflow problems when invoices aren’t paid on time, the scheme aims to support commitment to fair and consistent payment terms.

The award lasts for two years and you then re-apply, meaning you can be sure that signatories are held to account by a Government team.

If you do business with any ‘Fair Payment Code’ signatory and they do not meet the payment terms outlined, you can raise concerns by contacting the Small Business Commissioner.

Why did it change from ‘Prompt Payment Code’ to ‘Fair Payment Code’?

The ‘Fair Payment Awards’ have taken over from the ‘Prompt Payment Code’ and has seen quite a few changes…

  • Three different levels – bronze, silver, gold
  • The need to submit an application which has to include supplier references
  • The FPC team contact your suppliers, to verify you meet the strict payment terms

We take things seriously at Wattage, which includes lengthy relationships with trusted suppliers. Our ‘Gold’ FPC award shows our commitment to doing ‘good business’ as well as being Cyber Essentials accredited (adhering to strong cyber security practices).

If you are looking for a company that do things properly, you can trust Wattage Media.

Thinking of signing up your business? Please feel free to get in touch with any questions on our experiences of the ‘Prompt Payment Code’ and now ‘Fair Payment Code’

Logo for Fair Payment Code Gold until 2026

“I am delighted to announce and say a huge Congratulations to the first Fair Payment Code Awardees. Paying suppliers fairly and quickly isn’t as easy as it sounds. For many, significant changes in processes have been required which have been costly but the will to do the right thing has prevailed. Thank you to you all and many congratulations.” 

Liz Barclay, Small Business Commissioner

https://www.smallbusinesscommissioner.gov.uk/fpc/press_releases/commissioner-congratulates-first-cohort-of-fair-payment-code-awardees/

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