“As we move our Payment Services forward they need to be efficient, modern, fast, scalable, flexible, innovative and available 24/7,” Laycock wrote. “We are starting to see the first full production implementations, such as Santander’s One Pay FX . ” With a rollout planned to start in 2021, the DWP will introduce a common payment message standard and consolidate existing schemes. New “overlay” services will also be added, including “request to pay” and “confirmation of payee.
Click here to read the full article