Psr news and trends

Revolut and Visa Challenge UK Proposal to Cap Interchange Fees
Legal // March 07, 2025

Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR), seeking to overturn the regulator’s proposed cap on interchange fees on cross-border online payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments
Digital Payments // January 23, 2025

Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch open banking-powered variable recurring payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

UK Financial Authorities to Improve Cooperation on National Payments Vision
Regulation // December 23, 2024

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

UK’s APP Fraud Reimbursement Rule Goes Into Effect Monday
Security & Fraud // October 06, 2024

This week marks a major change in how U.K. banks and payment firms address fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
UK Regulator Opens the Door for Credit Card Data Reporting Mandates

May 21, 2024
Higher fees from the payments networks across the pond have not translated into better service, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this […]

Quick Reads
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’

March 12, 2025
The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be abolished, as Prime Minister Keir Starmer said Tuesday (March 11) that it will be. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

Revolut and Visa Challenge UK Proposal to Cap Interchange Fees

March 07, 2025
Revolut and Visa reportedly filed legal challenges against the U.K.’s Payment Systems Regulator (PSR), seeking to overturn the regulator’s proposed cap on interchange fees on cross-border online payments. Get the...

Open Banking Ltd. to Support UK’s Launch of Variable Recurring Payments

January 23, 2025
Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch open banking-powered variable recurring payments....

UK Financial Authorities to Improve Cooperation on National Payments Vision

December 23, 2024
Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. Get the...