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About Pay.UK
https://www.wearepay.uk/About Pay.UK
We are Pay.UK, the UK’s leading retail payments authority, enabling a vibrant economy by delivering best in class payment infrastructure and standards for the benefit of everyone in the UK. Every day, individuals and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments. We move more than £7 trillion every year, through Bacs Direct Credit, Direct Debit, Faster Payments, cheques and Paym.
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Corpay Joins UK’s Elite Faster Payments Service
October 1 2025
Corpay announced that its Cross-Border business has officially joined the UK Faster Payment Service (FPS)
The Current Account Switch Service Reveals Top Switching Regions
June 25 2025
New analysis from the Current Account Switch Service reveals that Birmingham was the most active area for current account switching in the first three months of this year with 5,971 switches, followed by Sheffield (4,961) and Northern Ireland (4,814).
New Research Reveals Only 25% of Young People Feel Financially Confident – Expert Shares Key Steps to Improve Money Management
March 17 2025
Research from the Current Account Switch Service1 reveals that only 25% of young adults (18-27-year-olds) feel very confident managing their money, and just 21% consider themselves financially literate – the lowest percentage of any generation surveyed.
The Current Account Switch Service Surpasses 11 Million Total Switches
October 31 2024
The Current Account Switch Service has facilitated 11.1 million switches since it was launched 11 […]
Pay.UK Strengthens Executive Leadership Team with COO Appointment
August 1 2024
Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments systems, including Faster Payments, […]
The Current Account Switch Service Reaches 1.4 Million Switches in the Past 12 Months
July 25 2024
The Current Account Switch Service today publishes its Q2 2024 Dashboard1 reporting the latest switching […]
Visa’s New AI Tool for Faster Payments Could Help Save UK Over £330m a Year on Fraud and App Scams
May 30 2024
In a groundbreaking pilot in partnership with Pay.UK, Visa, a world leader in digital payments, […]
Pay.UK’s Fraud Detection Pilot Exceeds Expectations, Detecting Over £112m Worth of Fraud
May 30 2024
Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, […]
The Current Account Switch Service Reports Strong Start to 2024, with 320,364 Switches Taking Place in the First Quarter
April 25 2024
Between January and March 2024, the Current Account Switch Service facilitated 320,364 switches, bringing its […]
The Current Account Switch Service hits 10 million total switches following busiest quarter since launch
January 25 2024
The Current Account Switch Service today publishes its Q4 2023 Dashboard1 reporting the latest switching […]
Three quarters of 18-24 year olds wish they had more financial education at school
September 14 2023
Pay.UK, owner and operator of the Current Account Switch Service, today publishes research revealing that […]
Chase joins the Current Account Switch Service to help consumers switch seamlessly
June 13 2023
Chase has become the 48th participating brand in the Current Account Switch Service (CASS), offering […]
Current Account Switch Service reaches 9 million switches milestone
April 27 2023
The Current Account Switch Service today publishes its Q1 2023 Dashboard1 reporting the latest switching […]
The Current Account Switch Service Annual Report: Continued Progress With Over 985,000 Switches In 2022
March 31 2023
The Current Account Switch Service again achieved all its regulatory KPIs in 2022, while the […]
The Bank Of London Joins BACS, The UK’s Bank-to-Bank Payments System
December 9 2022
The Bank of London, the leading-edge technology company and the world’s first purpose-built global clearing, […]
EXCLUSIVE: "The Rail Thing" - Mark Nalder, Nationwide; Shane Warman, Pay.UK and Andrew Moseley, ACI Worldwide in 'The Paytech Magazine'
November 4 2022
Mark Nalder from building society Nationwide, Pay.UK’s Shane Warman, and Andrew Moseley at payments provider […]
LHV UK joins Bacs Payment System
October 26 2022
LHV Bank has announced that it has joined Bacs, the bank-to-bank transfer system which enables […]
FF Virtual Arena: Payments Infrastructure - Foundations for Faster Payments
September 15 2022
The UK is at a formative point in payments innovation. With the introduction of ISO […]
The Current Account Switch Service Annual Report: Continued Progress In 2021
March 31 2022
The Current Account Switch Service achieved all its regulatory KPIs in 2021, while the total […]
EXCLUSIVE: “The Curtain Call” – Adrian Smyth, NatWest; Simon Brooks, PayUK and Louise Shorthouse, Icon Solutions in ‘The Paytech Magazine’
March 21 2022
Adrian Smyth from NatWest, PayUK’s Simon Brooks and Louise Shorthouse from Icon Solutions, explore why […]
The Bank Of London Joins Faster Payments
March 7 2022
The Bank of London, the leading-edge technology company and the world’s first purpose-built global clearing, […]
Webinar: Demystifying Request to Pay
February 10 2022
Request to Pay is one of the most talked about initiatives in the payments industry […]
Current Account Switching Service: Current Account Switching Levels Accelerate In Final Months Of 2021
January 27 2022
The Current Account Switch Service (CASS) today publishes its Q4 2021 Dashboard1 reporting the latest switching […]
Mastercard is first to launch Request to Pay application solution in UK
April 8 2021
Mastercard is today announcing the launch of its innovative Request to Pay application solution; the […]
The Affordability Paradox: How Economic Pressures Are Reshaping UK Finance and Housing in 2026
January 19 2026
The UK affordability crisis is forcing profound structural changes. Gen Z, blocked from major milestones […]
EXCLUSIVE: "The Rail Thing" - Mark Nalder, Nationwide; Shane Warman, Pay.UK and Andrew Moseley, ACI Worldwide in 'The Paytech Magazine'
November 4 2022
Mark Nalder from building society Nationwide, Pay.UK’s Shane Warman, and Andrew Moseley at payments provider […]
FF Virtual Arena: Payments Infrastructure - Foundations for Faster Payments
September 15 2022
The UK is at a formative point in payments innovation. With the introduction of ISO […]
EXCLUSIVE: “The Curtain Call” – Adrian Smyth, NatWest; Simon Brooks, PayUK and Louise Shorthouse, Icon Solutions in ‘The Paytech Magazine’
March 21 2022
Adrian Smyth from NatWest, PayUK’s Simon Brooks and Louise Shorthouse from Icon Solutions, explore why […]
FF Virtual Arena: Payments Infrastructure – Foundations for Faster Payments
September 15 2022
The UK is at a formative point in payments innovation. With the introduction of ISO […]
