Payment Systems Regulator

77 results about this entity

Period: 04 Sep 2019 - 12 Mar 2025

/payments

UK Government confirms plans to scrap Payment Systems Regulator

The UK Government has confirmed plans to abolish the Payment Systems Regulator, slashing red tape in a bid to boost economic growth.

/payments

Revolut and Visa file legal challenges over PSR's plan to cap fees

Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments, according to the Financial Times.

/payments

PSR to take action against card schemes after 25% hike in fees

The UK's Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.

/regulation

UK Government mulls abolishment of Payment Systems Regulator

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

/regulation

Apple and Google to face UK digital wallet competition scrutiny

Amid industry concerns about the dominance of Big Tech in the provision of digital wallets, UK financial regulators say they will take a back seat and support the country's Competition and Markets Authority in its wider investigations into Apple and Google’s mobile ecosystems.

/regulation

FCA and PSR assesses the usage and impact of digital wallets

The use of digital wallets has rapidly grown in recent years with the proportion of card transactions using a digital wallet increasing significantly from 8% in 2019 to 29% in 2023.

/payments

FCA and PSR set out next steps for open banking in the UK

The next steps for open banking in the UK will include a new independent company to drive forward variable recurring payments.

/payments

UK's Payment Systems Regulator sets out updated strategy

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.

/security

PSR calls for data sharing between banks and technology platforms to combat APP fraud

A new report from the Payment Systems Regulator shows how fraudsters exploit major platforms to scam consumers.

/regulation

UK regulator PSR plans cap on cross-border card fees

The Payment Systems Regulator is pushing ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European shoppers make online purchases.

/security

PSR says APP reimbursement rules are promoting vigilance, not complacency

Research published by the Payment Systems regulator indicates that reimbursed fraud victims feel more vigilant about fraud risks, not less.

/people

Alison Potter appointed as chair of FCA and PSR decision making committees

The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).