https://www.fasterpayments.org.uk/directly-connected-participants
been watching this page for a while now and it’s finally updated with Eml (under PFS branding) being a member of the uk faster payments network!!
this is a saving of $1m in tx costs based on current levels of volumes. I think uk transactions now cost 2c not 20c. Flagged as one of the synergies of the PFS acquisition. This is a reoccurring annual saving that will increase as transactions increase so it’s pretty nice score.
the other item which would be nice to have the business confirm is if we are on the visa scheme in Australia and on target for uk/eur (July) and USA September. This was another huge issue and cause for missing out on contracts. My guess this alone should increase the sales pipeline or increase the 40% conversion rate
Faster payments uk & visa scheme
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