Payments:Unpacked

Payments:Unpacked

Faster Payments: The world's first 24*7*365 instant payments system

Newsletter 27 | 18 June 2020

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Payments:Unpacked
Jun 18, 2020
∙ Paid

Introduced in 2008, Faster Payments was the world's first 24*7*365 instant payments system.

Over 400 financial institutions offer Faster Payments (32 are directly connected), making it available to the vast majority of current account holders in the UK.

Time for a quick history lesson

Although now well established in the UK’s retail payment mix Faster Paym…

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