Media

Press release
25 May 2018
  • Service has run 24/7 since the first payment was sent on Tuesday 27 May 2008
  • More than 9.1 billion payments worth over ¬£7 trillion have been sent since launch
Press release
01 May 2018

Operational responsibility for the Bacs and Faster Payments systems, which process a combined £6.3 trillion worth of payments annually, has today (1 May 2018) transferred to the New Payment System Operator (NPSO).