Abbreviation UKPA Headquarters London, United Kingdom | Formation 6 July 2009 Website www.ukpayments.org.uk Founded 6 July 2009 | |
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Predecessor Association for Payment Clearing Services | ||
The UK Payments Administration Ltd (UKPA) is a United Kingdom service company that provides people, facilities and expertise to the UK payments industry.
UKPA was created on 6 July 2009, as a successor of the Association for Payment Clearing Services (APACS) to support the systems behind UK payments, such as Bacs, CHAPS and the Cheque and Credit Clearing Company. APACS had been created in 1985 to oversee the majority of UK payment clearing systems and keep their operational efficiency and integrity in order.
References
UK Payments Administration Wikipedia(Text) CC BY-SA