faster payments

Faster Payments Service (FPS) is a UK banking initiative to reduce payment times between different banks' customer accounts from the three working days that transfers take using the long-established BACS system, to typically a few seconds.

Source: en.wikipedia.org

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Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Businesses and individuals are always going to need to get paid. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Businesses that trust each other, grow together.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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The way money moves is evolving at a rapid and exciting clip. Get the Full Story Complete the form to unlock this article and enjoy...

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