Monzo joins Faster Payment Service


#1

I saw today that Monzo is now a member of the FPS. When did this happen?

http://www.fasterpayments.org.uk/about-us/current-participants


(Sy) #2

it was a few months ago


(Mat Jarosz) #3

That’s fantastic news, it’s great to see Monzo working directly rather than relying on 3rd parties that may fail at any point (looking at you WireCard).

@LISTON, even if they worked with the Faster Payment Scheme, they weren’t listed on the website until very recently, I remember looking at that page a few weeks ago and Monzo wasn’t there.


(Sy) #4

They HAD joined as a Direct Participant but did not want it publicised at that point as it was only relevant to the current account but not to the prepaid cards.

Starling also had joined as a Direct Participant prior to it being listed on the FPS website at a later date.