The PSR responds to the publication of the Future of Payments Review 2023
22/11/2023
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 we do
We’re here to make sure payment systems serve everybody as well as they can. We promote competition and innovation in the interests of the people and businesses using payment systems, and have a range of powers to help us pursue these objectives.
We regulated 40.4 billion payments in 2021. Source: UK Finance (2022)
News
PSR and FCA Boards appoint new members to Competition Decisions Committees
17/11/2023
PSR publishes first APP scams performance report
30/10/2023
PSR breakfast roundtable - Regulation and AI (Artificial Intelligence)
24/10/2023
Kate Fitzgerald's speech at Open Banking Expo - 19 October 2023
19/10/2023
Looking for something?
See below some of our most frequently visited pages.
PSR Annual Plan and Budget 2023/24
Sets out our key aims, activities and expected costs for the year 2023/24
