Payments:Unpacked

Payments:Unpacked

Share this post

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

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

Newsletter 27 | 18 June 2020

Payments:Unpacked's avatar
Payments:Unpacked
Jun 18, 2020
∙ Paid

Share this post

Payments:Unpacked
Payments:Unpacked
Faster Payments: The world's first 24*7*365 instant payments system
1
Share

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…

Keep reading with a 7-day free trial

Subscribe to Payments:Unpacked to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Northey Point Limited
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share