 Solutions
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 UK Faster Payments
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UK Faster Payments—a real-time challenge
The new UK Faster Payments regime substantively alters the payments landscape in the UK. It requires significant changes in workflows and makes challenging, real-time demands on low value payments systems. With Dovetail, the challenge is easier to meet.
The Dovetail UK Faster Payments Solution provides full support for Single Immediate Payments, Diarised Payments, Standing Orders and receipts for settlement members and direct and indirect agency members. It offers extensible UK Faster Payments qualification rules including IBAN and BIC checking. And it features an interface to ISO 8583 gateways.
Your current systems needn't be affected; the Dovetail solution, fully functional out-of-the-box, integrates with your legacy systems to meet the demands of Faster Payments with minimal pain. It provides a single platform for high and low value payments that streamlines processing for CHAPS, BACS and Faster Payments. It's a strategic element of an integrated, component-based universal payments system designed to give you the flexibility to deal with an uncertain future.
View Dovetail's UK Faster Payments Brochure:
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