International Finance

Tag : Faster Payments Scheme

Fintech

Faster Payments sets new record in end of Tax Year rush

29,600 payments processed every minute overnight on Tuesday 2nd April in The United Kingdom. Faster Payments has recorded its busiest period ever, following an end of tax year rush to move money and pay bills. In just six hours, from midnight on Tuesday 2nd April, 9.1 million standing orders were processed by the Scheme. The...