Corbay said on Wednesday that it had joined the fastest payment service for the United Kingdom (FPS), which strengthened the infrastructure of payments and providing faster and more reliable transactions in the British pound.
The company’s payment company, listed on the New York Stock Exchange, said the move is a prominent sign of its across border business and enhances its ability to serve local and international customers working in GBP.
David Morris, General Manager of Operations at Pay.uk, explained that the Pay.uk, which provides rapid, safe and low -cost transfers and has become essential in the scene of retail payments in the United Kingdom since its launch in 2008.
By merging with FPS, Corpay customers are now expected to benefit from transportation near internal and external payments, as well as custom account numbers associated with CorPay sorting code, which are connected to both FPS and Chaps.
The company said the step also enhances its multi -currency account, allowing customers to manage money and transfer it through currencies more efficiently.
“Today’s customers expect immediately, not only on how to shop or communicate, but in how to move money. By joining the fastest payment network, we meet with this demand with the experience of modern GBP payment that is fast, and contesting with the actual time expectations of global companies,” said Tim Watson, chief of innovation and digital innovation in Corpay Cross-Border Solutions.
Morris added that FPS is already treating billions of pounds in payments in actual time daily. He stated that the participation of Corbay highlights the regime’s role in meeting the advanced needs of companies and consumers.