CONNECT: Payments news from VocaLink


Sign up to receive Vocalink Connect updates direct to your email

Contact permission

I agree that Vocalink may use my contact details to send me email marketing communications about all products and services. You are free to withdraw your consent at any time, free of charge. More information on Mastercard’s privacy practices and on your rights including withdrawing consent is available in the Vocalink Privacy Notice. By clicking Submit I understand that my personal data will be processed by Vocalink in the context of Vocalink products and services as described in the Privacy Notice.

Thank you

Thanks for subscribing to the VocaLink Connect newsletter

PayPort One of the First to be Awarded Vendor Accreditation

29 March 2016

PayPort One of the First to be Awarded Vendor Accreditation

David Daniel,
Head of Brand & Communications,

PayPort by VocaLink has today announced that it is one of the very first platforms to gain Vendor Accreditation from Faster Payments Scheme Limited (FPSL), helping to facilitate a level playing field between larger established financial institutions and up and coming challenger banks.

PayPort is an end-to-end service that offers banks and other financial institutions fast, efficient and secure access to Faster Payments without the cost of introducing a new technology infrastructure. This allows organisations to focus on their own business, whilst also ensuring that real-time payments can be made more easily.

Jim Wadsworth, Product Director, VocaLink, said:

“We are committed to supporting the move towards a more open and efficient payments market that will benefit consumers, businesses and the UK economy as a whole.  We are delighted to have received one of the first Vendor Accreditations from FPSL; PayPort is a key step on the journey towards achieving access to Faster Payments for all financial institutions in a competitive and open market."

Craig Tillotson, CEO, Faster Payments Scheme Limited, said:

“Our new technical accreditation service marks another big step forward in levelling the playing field for access to the world-leading Faster Payments service, by stimulating the market for FinTechs offering services through our New Access Model. 2016 will represent a step change for PSPs looking to access the payment services their customers demand. Faster Payments is leading the way in this competitively vital area – our work on access is a critical component of our strategy to deliver the benefits of real-time payments across the whole UK economy.”

Back to the top of the page