Steps Required to Join the Faster Payments Scheme

  • Talk to Faster Payments about Membership
  • Send Faster Payments a Letter of Intent to join the Scheme, stating your preferred date for entry and the services required
  • Discuss requirements and agree a plan of action with Faster Payments
  • Choose a gateway supplier from a list of vendors
  • Build your internal Faster Payments Solution
  • Carry out Testing and Compliance Activities to demonstrate fitness for Membership
  • Become a Member of the Scheme
  • Send and receive your own Faster Payments