Lead and Pay.UK: Difference between pages

Revision as of 18:04, 2 December 2021

Payments - UK.

Pay.UK operates the UK's national retail payment systems.

It is the holding company of:

Pay.UK is responsible for delivering the UK's New Payments Architecture.

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-''Foreign exchange risk management.''
+''Payments - UK.''
-To lead, in this context, means to prepay a debt.
+Pay.UK operates the UK's national retail payment systems.
-A company with a subsidiary in a country with soft currency may encourage the subsidiary to prepay money due to countries with harder currencies, to avoid the adverse impact on cash flow of devaluation by the country with soft currency.
+It is the holding company of:
+*Bacs Payment Schemes Limited
+*Cheque and Credit Clearing Company Limited
+*Faster Payments Scheme Limited
+*Mobile Payments Service Company Limited
+*UK Payments Administration Limited
+*UTSP Limited (Universal Trust Service Provider)
+Pay.UK is responsible for delivering the UK's New Payments Architecture.
 == See also ==
-* [[Debt]]
+* [[BACS]]
-* [[Devaluation]]
+* [[Faster Payments Service]]
-* [[Foreign exchange risk]]
+* [[New Payments Architecture]]
-* [[Hard currency]]
+* [[NewCHAPS]]
-* [[Lagging]]
+* [[Pay.UK]]
-* [[Soft currency]]
+* [[Payment Systems Regulator]]
+* [[UK Payments Administration Ltd]]
-[[Category:Manage_risks]]
+[[Category:The_business_context]]
-[[Category:Risk_frameworks]]
+[[Category:Cash_management]]
+[[Category:Financial_products_and_markets]]
+[[Category:Liquidity_management]]
+[[Category:Technology]]