Single Immediate Payment: Difference between revisions

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imported>Doug Williamson
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imported>Doug Williamson
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* [[LVPS]]
* [[LVPS]]
* [[New Payments Platform]]
* [[New Payments Platform]]
*[[Payment service provider]]  (PSP)
* [[Payments and payment systems]]
* [[Payments and payment systems]]
* [[PSP]]
* [[Real-time Payments]]
* [[Real-time Payments]]
* [[Single Euro Payments Area]]  (SEPA)
* [[Single Euro Payments Area]]  (SEPA)

Latest revision as of 06:06, 27 June 2022

Immediate payments - UK - Faster Payments Service.

(SIP).

Single Immediate Payments are used primarily for ‘attended’ payments initiated by customers using channels such as internet, mobile or telephone banking, where the customer wants the payment to be effected immediately.

The paying customer must be advised of the fate of the payment in near-real-time at the time of payment submission.


See also