Home - Pay.UK - The recognised operator and standards body for the UK’s interbank payment systems
We are the recognised operator and standards body for the UK’s interbank payment systems. Bacs - Faster - Image Payment System| Pay.UK
We are the recognised operator and standards body for the UK’s interbank payment systems. Bacs - Faster - Image Payment System| Pay.UK
In March 2025, the Government announced its intention to abolish the Payment Systems Regulator (PSR). We support this important decision because - while the PSR has laudable objectives to support competition, innovation and the interests of service users - we agree with the Government that that the regulatory environment is too complex; The post Realising the benefits from regulatory reform appeared first on Pay.UK.| Pay.UK
Pay.UK supports the aims of the Government’s consultation on the integration of the Payment Systems Regulator (PSR) into the Financial Conduct Authority (FCA). The post Pay.UK’s response to HMT consultation “A Streamlined Approach to Payment Systems Regulation” appeared first on Pay.UK.| Pay.UK
The digital age has brought unprecedented speed and convenience to payments, but with it, a darker shadow: a surge of payment fraud that impacts economies around the world.| Pay.UK
Our Head of Strategic Policy, John Mowat, recently attended Travers Smith’s Future of Fintech 2025, taking part in a panel discussion exploring the evolving landscape of financial market infrastructures (FMIs). The post Pay.UK discusses driving innovation in financial market infrastructures at Future of Fintech 2025 appeared first on Pay.UK.| Pay.UK
Last year, we worked extensively with industry and the Payment Systems Regulator (PSR) to prepare for, implement, and ensure compliance with, the PSR’s authorised push payment (APP) reimbursement policy from 7 October 2024. The post APPR policy continues to deliver positive outcomes appeared first on Pay.UK.| Pay.UK
Northern Ireland was the busiest region for switching in Q2 with 5,667 switches, followed by Birmingham (5,558) and Sheffield (4,626) The post The Current Account Switch Service unveils the UK’s Regional Switching Rankings appeared first on Pay.UK.| Pay.UK
Half of UK adults with over £15,000 in their current account have recently received financial support from a loved one The post Those with over £15k in their bank account have recently received financial help from loved ones appeared first on Pay.UK.| Pay.UK
The Bank of England is cautiously trying to encourage economic growth. High levels of inflation have certainly complicated the picture,| Pay.UK
Earlier this year, we announced a new three-year charity partnership with Age UK East London, focused on supporting older adults in the boroughs of Hackney, Newham, and Tower Hamlets.| Pay.UK
Since launching in 2020, Confirmation of Payee has transformed the way people in the UK make payments, offering a vital layer of protection against misdirected payments and fraud.| Pay.UK
Confirmation of Payee (CoP) is an account name-checking service designed to help reduce misdirected payments and provide greater assurance that payments are being sent, and collected from, the intended account holder for UK domestic payments. Owed to its high and valued effectiveness, CoP has quickly become a utility service that customers expect to see when […]| Pay.UK
As Europe moves toward the Single Euro Payments Area (SEPA)-wide implementation of Verification of Payee (VoP) by October 2025, payment service providers (PSPs), payment system operators (PSOs), and financial institutions across the region are looking to Pay.UK’s experience with its implementation of Confirmation of Payee in the UK, for guidance.| Pay.UK
Resilient infrastructure and a clear regulatory framework are the two core foundations of the Government’s National Payments Vision, published on 14 November 2024.| Pay.UK
