New Payments Architecture (NPA) Programme
We have embarked on a landmark programme to implement a single and best-in-class retail payments clearing capability for the UK – known as the New Payments Architecture (NPA). The vision for the NPA is a robust and resilient infrastructure that uses defined rules and standards to ensure the safety of all consumer payments. Creating an environment more conducive to innovation is a critical driver for the NPA, which will unlock future business opportunities for the greater benefit of all who make payments.
Find more about the NPA Programme at the below link.