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 value of standing order payments through the scheme in the United Kingdom (UK) from November 2015 to December 2019. During this period, the value of standing orders overall increased, fluctuating between approximately 8.8 billion British pounds (January 2017), and 12 billion British pounds (December 2019). In the same month, the total FPS payments, including standing orders, forward dated payments, return payments and single immediate payments were 170.7 million British pounds. More in-depth information could be found in the Statista dossier on payment instruments in the UK and Ireland.
Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019
(in million GBP)
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Payments Council. (January 13, 2020). Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019 (in million GBP) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. "Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019 (in million GBP)." Chart. January 13, 2020. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. (2020). Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019 (in million GBP). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council. "Value of Standing Order Payments through Faster Payment Scheme in The United Kingdom (Uk) from November 2015 to December 2019 (in Million Gbp)." Statista, Statista Inc., 13 Jan 2020, https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/
Payments Council, Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019 (in million GBP) Statista, https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/ (last visited December 23, 2024)
Value of standing order payments through Faster Payment Scheme in the United Kingdom (UK) from November 2015 to December 2019 (in million GBP) [Graph], Payments Council, January 13, 2020. [Online]. Available: https://www.statista.com/statistics/291908/value-of-standing-order-payments-through-fps-in-the-united-kingdom/
