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PSR consults on cross-border card fees limit

News | Online Payments | 16 Dec 2024

The UK’s Payment System Regulator (PSR) has announced its plans to consult on whether to implement a cap on cross-border card fees charged when European consumers shop online from UK businesses. 

interchange fee, scheme fee, cross-border payments, report, credit card, debit card

PSR, FCA look for information on further enhancing digital wallets

News | Mobile Payments | 17 Jul 2024

The Payment System Regulator (PSR) and the Financial Conduct Authority (FCA) have launched a joint call to gather additional information on Big Tech and the use of digital wallets. 

regulation, financial services, FCA, digital wallet, payment methods, online payments, mobile payments, account-to-account payment, financial inclusion, digitalisation, e-wallet, mobile money

UK regulator enforces October deadline for APP fraud refunds

News | Digital Identity, Security & Online Fraud | 11 Jun 2024

The interim head of the UK Payment System Regulator has declined a request to postpone the implementation of a controversial fraud reimbursement plan.

regulation, APP fraud, fraud prevention, cybersecurity