Faster Payments Service: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Amend link.) |
imported>Doug Williamson (Add link.) |
||
| Line 14: | Line 14: | ||
* [[Faster Payments Scheme]] | * [[Faster Payments Scheme]] | ||
* [[IMPS]] | * [[IMPS]] | ||
* [[LVPS]] | |||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[PSP]] | * [[PSP]] | ||
Revision as of 15:42, 12 October 2016
(FPS).
UK process for electronic payments, typically made via the internet or phone, to be processed in hours rather than days.
It allows credit transfers and standing orders to be paid in near real time. There is a maximum transaction amount. It is operated by VocaLink 24 hours a day, 7 days a week.
See also
- BACS
- C&CCC
- Clearing House Automated Payment System
- CPA
- Electronic commerce
- Faster Payments Scheme
- IMPS
- LVPS
- Payments and payment systems
- PSP
- Immediate payments and the impact on corporate treasurers
