NPSO (New Payment System Operator) was established to consolidate the UK's retail payment scheme operators. In 2018, it brought together Bacs Payment Schemes Limited, Faster Payments Scheme Limited, and the Cheque and Credit Clearing Company, officially rebranding as Pay.UK. The company's mission is to manage and develop the UK's core payment infrastructure, including the Bacs Payment System, the Faster Payment System, and the image-based Cheque Clearing System, ensuring secure, efficient, and reliable payment services for the entire UK economy.

Founded in

United Kingdom