Pay.UK
British service company
title: "Pay.UK" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["financial-services-companies-established-in-2009", "banking-in-the-united-kingdom", "trade-associations-based-in-the-united-kingdom", "payment-systems-organizations", "banking-technology", "2009-establishments-in-the-united-kingdom", "organizations-established-in-2009"] description: "British service company" topic_path: "economics" source: "https://en.wikipedia.org/wiki/Pay.UK" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary British service company ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| name | Pay.UK |
| image | UK Payments Administration.png |
| type | Non-profit limited company |
| industry | Financial services |
| predecessor | Association for Payment Clearing Services |
| founded | |
| location_city | London |
| location_country | United Kingdom |
| area_served | United Kingdom |
| services | Payment infrastructure in the United Kingdom |
| website | |
| :: |
| name = Pay.UK | image = UK Payments Administration.png | type = Non-profit limited company | industry = Financial services | predecessor = Association for Payment Clearing Services | founded = | location_city = London | location_country = United Kingdom | area_served = United Kingdom | key_people = | services = Payment infrastructure in the United Kingdom | num_employees = | num_employees_year = | website =
The Pay.UK (formerly UK Payments Administration) is a United Kingdom service company that provides people, facilities and expertise to the UK payments industry.
UKPA was created on 6 July 2009, as a successor of the Association for Payment Clearing Services (APACS) to support the systems behind UK payments, such as Bacs, CHAPS and the Cheque and Credit Clearing Company. APACS had been created in 1985 to oversee the majority of UK payment clearing systems and keep their operational efficiency and integrity in order.
History
The organization was created to amalgamate the United Kingdoms domestic payment systems that had been operating separately for over 50 years. This included the Cheque and Credit Clearing Company, Bacs, cheque image clearing system, and Faster Payments.
Former UK prime minister Theresa May was a former employee.
In Sep 2017 the New Payment System Operator (NPSO) was established and in October that year the organisation was rebranded as Pay.UK.
In May 2018 Bacs and Faster Payments officially became subsidiaries of Pay.UK.
References
References
- (2008). "Frank Wood's business accounting UK GAAP". FT Prentice Hall.
- (2016-07-25). "Who is Theresa May: A profile of UK's new prime minister". BBC News.
- "Discover our heritage". Pay.UK.
- (December 9, 2021). "Pay.UK – the next step in Bacs’ evolution". Local Gov Daily Bulletin.
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