APACS: The first official publication of faster payments statistics
APACS logo for press releases2
Monday, 18, Aug 2008 12:00
Our figures show that in the first two months after its launch, the Faster Payments Service has already processed well over 4 million payments. By comparison when CHAPS sterling, the UK’s other same-day payments system, launched in February 1984 it processed 96 thousand payments in the same period of time.
Click here to view the quarterly statistical release from APACS
Now, nearly three months after launch, latest figures show that the Faster Payments Service is processing just under 250,000 payments per day.
The quarterly statistical release provides a comprehensive overview on all UK payments data including expenditure on plastic cards, repayments and lending on credit cards, cash machine withdrawals, cheques, Faster Payments, CHAPS payments, Direct Debits and Bacs Direct Credits.
If you have a specific statistical query or would like to receive regular updates do get in touch with the APACS press office on 020 7711 6316. Alternatively, you can e-mail press@apacs.org.uk.
APACS Press Office
Michelle Meyer
Press Officer, Corporate Communications
APACS - The UK Payments Association
Mercury House
Triton Court
14 Finsbury Square
London
EC2A 1LQ
T +44 (0)20 7711 6316
M +44 (0)7920 045 271
F +44 (0)20 7256 5527
E. michelle.meyer@apacs.org.uk
Media Enquiries: press@apacs.org.uk
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