The EUMETSAT Satellite Application Facility for Operational Hydrology and Water Management (H SAF) provides satellite products and user services in support to Operational Hydrology, Meteorology, Risk Management and Water Management. Since 2005, H SAF science and research bridge into operations through the development and dissemination of soil moisture, precipitation and snow products based on the exploitation of primary EUMETSAT missions. During the fourth Continuous Development and Operations Phase (CDOP-4, from 2022 to 2027), H SAF products will be primarily based on the Meteosat Third Generation (MTG) and the EUMETSAT Polar System -Second Generation (EPS-SG) missions. Current products are based on the use of the full constellation of microwave (MW) radiometers for Level 2 passive microwave (MW) precipitation products and for MW/IR combined products for near-real time applications over the Meteosat Second Generation (MSG) full disk area. The presentation will provide a full overview of the current status and future development of the operational precipitation product portfolio as well as the product quality assessment strategy and results. Examples of applications for specific case studies will be also presented.