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TransferWise gains access to UK payments infrastructure

faster payments service transactions

TransferWise, the international money transfer firm, has been granted direct access to the UK’s Faster Payments Service (FPS) via a partnership with private UK bank Raphaels Bank.

FPS enables payments within the UK to be made instantly at any time. TransferWise is currently testing the integration, and a full launch is expected later this summer.

For more on this story visit the following: TransferWise gains access to UK payments infrastructure

Source: Business Insider

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