PCM Products & Contracts -

NPSO TAKES OVER CONSOLIDATION OF BACS AND FASTER PAYMENTS

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant milestone for the payments industry and is the latest step in a series of developments bringing wholesale change to UK payments. The PSR set up [...]

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