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Operators Consultative Group

Drawing on industry expertise

The Payment System Operators Consultative Group (PSOCG) was established by the Payment System Operators (PSOs) to provide an effective mechanism to:

  • Allow the PSOs to provide input into and be kept informed of the Forum’s discussions;

  • Enable the Forum to understand and take into account the existing developments and individual strategies of the PSOs as far as these are relevant to the Forum’s work programme; and

  • Enable the Forum and its work to benefit from the PSO’s payments expertise and prior collaboration experience with industry to deliver market innovation and gain wider perspectives.

How the PSOCG Works

The Operators Consultative Group meets ahead of each scheduled Forum meeting and is chaired by the Forum chair. The PSR provides the secretariat for the meeting. Inputs from the PSOCG is shared with members at Forum meetings.

The outcome of the Group’s meeting is made available on the Forum website.

Participants

The following PSOs are currently involved in the PSOCG:

  • American Express
  • Bacs Payment Schemes Limited
  • Cheque and Credit Clearing Company Limited (also acting on behalf of Belfast Bankers Clearing Company)
  • CHAPS Clearing Company Limited
  • Faster Payment Scheme Limited
  • Link Scheme Ltd.
  • MasterCard
  • Visa Europe