Faster Payments Transition Questionnaire

Transition update

Thank you to all who took the time to respond to the Faster Payments Service (FPS) Transition Questionnaire.

We published the FPS Transition Questionnaire early in July 2019. The questionnaire asked the industry to consider how FPS volumes should transition to the NPA, Pay.UK’s role in delivering transition and the adoption of ISO 20022.

The consultation period for the questionnaire closed on 16 August 2019. We received responses from a good cross-section of the payments industry. Work is now underway to analyse the results and develop recommendations that will provide the framework of the FPS Transition Strategy and ISO 20022 Adoption Strategy respectively.

Questionnaire

A copy of the questionnaire is available below. Please contact NPAEngagement@wearepay.uk if you have any questions.