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Adyen builds direct connections to the Bank of England and Faster Payments Services in record time

4 January, 2024
 ·  0 minutes

When you’re a business who relies on payouts to deliver funds to your users, every minute matters. The pace at which your money moves is paramount to keeping the momentum of your ambitions. 

At Adyen, we’re no stranger to speed. To facilitate faster payments for UK businesses who depend on sending payouts to their users, we’ve successfully connected to the Bank of England (BoE) and the real-time payment rails Faster Payments Services (FPS). And we did it in only eight weeks.

It doesn’t stop there, our UK banking license allows us to continue to offer enterprise banking services and our embedded financial product suite in the UK, allowing our platform customers to extend their embedded payments offering with additional financial services such as Capital.

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