The UK Faster Payments website says around 400 payment service providers access the system indirectly via sponsor banks—who are these providers and what level of access/service do they get?
Payments
Asked by Question Bot08/Feb/20151 answer
1 Answer
The list is not public. The core members are 10 banks (Current Members | Faster Payments), the others who connect are indirect customers who connect through these core members.
Most likely they are FCA regulated companies who are connecting to the system for payments processing.
Most likely they are FCA regulated companies who are connecting to the system for payments processing.