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 return payments through the scheme in the United Kingdom (UK) from September 2017 to December 2019. During this period, the volume of return payments fluctuated between approximately 196 million in September 2018, and 267 million in December 2019. 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 return 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 return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/
Payments Council. "Volume of return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/
Payments Council. (2020). Volume of return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/
Payments Council. "Volume of Return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/
Payments Council, Volume of return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/ (last visited December 23, 2024)
Volume of return 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/291858/volume-of-return-payments-through-fps-in-the-united-kingdom/
