Tags: PSR
PSR Faces Criticism for ‘Failure of Vision’ in Addressing Card Scheme Fee Remedies
The Payment Systems Regulator (PSR) is consulting on increasing transparency in card payment fees for merchants and acquirers, following a market review that revealed Visa…
Transforming Financial Oversight: UK Regulatory Framework Overhaul Unites PSR and FCA
The UK government has proposed a major reform of its financial regulatory framework by merging the Payment Systems Regulator (PSR) into the Financial Conduct Authority…
Revolut and Visa Take Legal Action Against PSR’s Fee Cap Plan: A Financial Showdown
The UK’s Payment Systems Regulator (PSR) plans to impose a price cap on interchange fees charged by Visa and Mastercard to UK merchants for online…
PSR Takes Bold Action Against Card Schemes Amidst 25% Fee Surge
The Payment Systems Regulator (PSR) recently reviewed the fee structures of Mastercard and Visa, revealing they raised core fees by over 25% from 2017 to…
Unlocking the Future: FCA and PSR Reveal Consumer Trends Towards Digital Wallets in New Study
Recent findings from the FCA and PSR indicate a significant rise in digital wallet usage in the UK, with card transactions using this method increasing…
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