Corpay, Inc., a global leader in corporate payments, has officially joined the United Kingdom’s Faster Payment Service (FPS), enabling near-instant GBP transactions for its clients. This milestone, announced on October 1, 2025, strengthens Corpay’s global payment infrastructure by integrating with FPS, owned by Pay.UK, to deliver faster, more reliable, and cost-effective GBP transfers for domestic and international businesses.
The FPS integration allows Corpay clients to send and receive GBP payments through local rails, meeting the demand for real-time financial operations. “This is a key milestone in our product roadmap and a natural extension of our Multi-Currency Account (MCA) e-money offering,” said Tim Watson, Chief Product & Digital Innovation Officer, Corpay Cross-Border Solutions. “Today’s clients expect immediacy... By joining the Faster Payments network, we are meeting that demand with a modernized GBP payment experience that is fast, seamless, and aligned with the real-time expectations of global businesses.”
David Morris, COO of Pay.UK, emphasized: “The Faster Payment System... facilitates real-time payments of up to £1m for millions of individuals, businesses, and charities across the UK... Corpay joining FPS shows our commitment to meet customer needs for the benefit of the UK as a whole.”
Corpay’s integration with FPS aligns with its broader strategy, including the launch of Corpay Complete in the UK (July 2025), which unifies accounts payable, FX, expenses, and payments to combat fragmented systems and invoice fraud. With over 800,000 business clients and $4B in 2024 revenue, Corpay’s focus on automation and real-time insights addresses the 63% of UK CFOs prioritizing cost control, per Deloitte. The company’s recent use of J.P. Morgan’s blockchain for FX settlements and a UK client’s USD-to-GBP trade via FPS (settled in minutes) further showcase its innovation.
The finance card above shows CPAY’s stock at $288.04, reflecting a -2.63% drop from September’s close of $288.06, with a 1-year range of $269.017–$400.81, indicating volatility but strong market presence.
This move positions Corpay to streamline global GBP operations, reinforcing its leadership in corporate payments for 21,000+ customers.
Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company helping businesses and consumers manage expenses efficiently. Its solutions streamline vehicle-related expenses (fuel, parking), travel (hotel bookings), and payables (vendor payments), saving time and costs. With 4.1M+ payments annually in 200+ countries, Corpay is backed by Blackstone and GTCR. For more, visit www.corpay.com.
Pay.UK operates the UK’s retail payment systems, including FPS, Bacs, and Image Clearing, enabling billions in daily secure transactions. FPS supports real-time payments up to £1M, 24/7, driving innovation and choice for UK individuals and businesses.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.