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Contactless payment being made

Every time anyone uses a cash machine, transfers money, uses contactless, or gets paid, they use a payment system.

Payment systems are always evolving and the PSR is here to make sure they work well for everyone.

Learn about what we do

At a glance

Our aim is to make sure the UK’s payment systems work well for everyone who uses them now and in the future.

See who we regulate

£95 trillion worth of payments in 2021

We regulated over £95 trillion worth of payments in 2021. Source: UK Finance (2022)

34.8 billion consumer payments

We regulated 34.8 billion consumer payments in 2021. Source: UK Finance (2022)

5.5 billion business payments

We regulated 5.5 billion business payments in 2021. Source: UK Finance (2022)

8 payment systems

There are 8 designated payment systems.

What is a payment system?

1:07 YouTube

We regulated 40.4 billion payments in 2021. Source: UK Finance (2022)

Looking for something?

See below some of our most frequently visited pages.

Come and say hi

Get in touch with us here or on our social media channels.