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Modulr becomes issuing member of Mastercard

09 Sep 2020 | Online Payments

UK-based fintech Modulr has joined Mastercard as a principal issuing member, granting it direct access to the global payments network.

Modulr, Mastercard, issuing partner, online payments, confirmation of payee, fraud prevention, Pay.UK, UK Faster Payments, Real-Time Gross Settlement, RTGS, payment settlement, United Kingdom, Europe

Visa supports Pay.UK to deliver Request to Pay pilot

27 May 2020 | Online Payments

Visa has announced its support for Pay.UK after facilitating the first Request to Pay message sent and received using Pay.UK’s standards.

Visa, Pay.UK, Request to Pay, transaction, payments, UK, invoice, invoicing

PPS announces its direct participation in Pay.UK's Faster Payments Scheme; partners with Form3

03 Mar 2020 | Payments General

PPS has announced its direct participation in Pay.UK’s Faster Payments Scheme, the service that enables UK domestic mobile, internet, telephone and standing order payments to move quickly. 

PPS, Pay.UK, Faster Payments Scheme, Form3, payments, real-time payments

Pay.UKs second phase of a new access model for non-bank PSPs goes live

21 Mar 2019 | Payments General

Pay.UK’s second phase of a new access model for non-bank payment service providers (PSPs) has gone live, allowing them to use client funds to support payments made via the Faster Payments system.

Pay.UK, payment service providers, PSPs, Faster Payments, payments

Bank of England calls for payments messaging panel applicants

14 Nov 2018 | Payments General

The Bank of England and Pay.UK have issued an open call for interest for members of the payments industry wishing to join a newly created Standard Advisory Panel.

Bank of England, Pay.UK, payments, Standard Advisory Panel, ISO 20022