Payments:Unpacked

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Payments:Unpacked
Current Account Switch volumes impacted by COVID19

Current Account Switch volumes impacted by COVID19

From a near record month in March the number of switches in April fell to just 41,549

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Payments:Unpacked
May 08, 2020
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Payments:Unpacked
Payments:Unpacked
Current Account Switch volumes impacted by COVID19
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Pay.UK have just published the monthly Current Account Switch Service data for April 2020.

The Current Account Switch Service (CASS) has completed 6.6 million switches since launching in 2013, 280,520 of which took place between January and March 2020.

Despite the impact of COVID19, March saw the third highest number of Current Account Switches since the …

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