If you would like further information on any of the terms in our glossary or to request a call back with one of our experts, please click on the image below:
Low Value Payment System
A bulk payments system dealing with high-volume, low-value payments which are typically cleared through a clearing house and net settled according to a defined timetable. Examples include Bacs, EMZ, Interpay and SIT.
Experian Ltd is authorised and regulated by the Financial Conduct Authority. Experian Ltd is registered in England and Wales under company registration number 653331. Registered office address: Landmark House, Experian Way, NG2 Business Park, Nottingham, NG80 1ZZ.