Payment Systems Regulator (PSR)

The Payment Systems Regulator (PSR) serves as the economic regulator for payment systems in the United Kingdom. Its primary mission is to ensure that payment services are accessible, reliable, secure, and offer substantial value for both consumers and merchants. The PSR's overarching goal is to foster a competitive and fair market in the payments industry.

Key functions and objectives of the PSR include:

By regulating payment systems, the PSR plays a critical role in shaping the financial landscape in the UK. It ensures that the infrastructure for making payments is not only robust and efficient but also fair and inclusive, thereby supporting the country's economic health and consumer welfare.