A payment being made in a garden center, using a phone and a payment terminal

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

Our strategy

In our new strategy, we set out our priorities and what we aim to achieve over the next five years.

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

35.6 billion payments

We regulated 35.6 billion payments in 2020. Source: UK Finance (2020)

4.8 billion

We regulate 4.8 billion business payments. Source: UK Finance (2021)

8 payment systems

There are 8 designated payment systems.

What is a payment system?

1:07 YouTube

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