Technical Aggregator, Solution Providers & Consultants

FPSL has introduced a cloud hosted test environment, supplied by Ascert, whereby vendors of aggregation services can prove their technical ability to interact with the Faster Payments Central Infrastructure (FPS CI). This has a number of benefits:

• Participants may benefit from cheaper connectivity.
• Participants can be reassured of an aggregator’s capability.
• Through accreditation, a vendor is able to market its ability to connect.
• The costly use of the central test environment can be minimised.

Anyone wishing to achieve FPS accreditation should first send an e-mail to accreditationreg@fasterpayments.org.uk, where we check whether prospective vendors have an NDA in place. Following this, we can then make FPS documentation available. Once this step is completed, the organisation should follow the process detailed in the Ascert Engagement Guide, and associated documentation referenced within, which can be found here.

FPSL fee structure:

A fee of £10,000 is payable to FPSL upon successful conclusion of the Technical Accreditation and prior to issuance of the Technical Accreditation Certificate. No additional fee is payable to FPSL for any subsequent test(s) undertaken against the Vendor/Aggregator’s same software version. For more information regarding the FPSL fee structure for Technical Accreditation, please click here.

Eight Fintech vendors have gained accreditation though the service: 

FPSL has been in dialogue with a number of potential aggregators, solution providers and consultants who are looking at introducing solutions for prospective participants to access Faster Payments. If you are interested in learning more about their solutions, please find listed below their contact details:

 

Faster Payments Scheme Limited ('FPSL') is not responsible or liable for the companies above, the products or services they provide, nor the contacts suggested. FPSL does not endorse any commercial product or service mentioned or provided by any of these companies, nor are we suggesting that the companies listed above are the only providers of such services and/or products.