The Faster Payment Scheme (FPS) is a payment service that enables the quick and secure transaction of mobile, internet, telephone and standing order payments. This statistic shows the total volume of standing order payments through the scheme in the United Kingdom (UK) from September 2017 to December 2019. In December 2018, approximately 34.4 million standing orders were initiated in the UK. In the same month, the total FPS payments, including standing orders, forward dated payments, return payments and single immediate payments were nearly 227 million. More in-depth information could be found in the Statista dossier on payment instruments in the UK and Ireland.
Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019
(in 1,000)
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Payments Council. (January 13, 2020). Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019 (in 1,000) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. "Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019 (in 1,000)." Chart. January 13, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. (2020). Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019 (in 1,000). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. "Volume of Standing Order Payments through Faster Payment Scheme in The United Kingdom (Uk) from September 2017 to December 2019 (in 1,000)." Statista, Statista Inc., 13 Jan 2020, https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council, Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019 (in 1,000) Statista, https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/ (last visited December 23, 2024)
Volume of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from September 2017 to December 2019 (in 1,000) [Graph], Payments Council, January 13, 2020. [Online]. Available: https://www.statista.com/statistics/291815/volume-of-standing-order-payments-through-fps-in-the-united-kingdom/
