Tag: Payment Systems Regulator
UK Government’s New Direction: Plans to Abolish Payment Systems Regulator
Understanding the Implications of the Proposed Regulatory Changes in the UK Payment LandscapeHighlights: The UK government has confirmed plans to abolish the Payment Systems...
UK Government Considers Abolishment of Payment Systems Regulator
Examining the Implications of Potential Changes in Financial OversightHighlights: The UK government is contemplating the removal of the Payment Systems Regulator.Abolishing this regulator could...
Non-sweeping VRPs set for Phase 1 UK roll out in Q3 2024
Phase 1 Roll Out of VRP:Financial regulators in the UK plan to implement non-sweeping variable recurring payments (VRP) by Q3 2024.
Joint...
UK’s PSR proposes cross-border interchange fee cap
The UK's Payment Systems Regulator (PSR) proposes a new cap on cross-border interchange fees.
Visa and Mastercard, responsible for 90% of online transactions...