Payments UK welcomes the BBA’s report The Way We Bank Now which shows how customers are embracing fast and convenient new technology that allows us to manage our money better than ever before.
Maurice Cleaves, Chief Executive of Payments UK, comments:
A new industry report, UK Payment Statistics 2016, has been published today (1 July 2016), providing a comprehensive one-stop data source of information about the UK’s payment markets.
Improving the access arrangements to UK payment systems for payment service providers (PSPs) is the focus of the latest World Class Payments report.
- More than half incorrectly think the recipient’s name is used to route payments
- New guidance based on independent user experience research
Faster Payments is the first user to sign up to the new Standards Collaboration Framework