In 2019 the PSR took a decision to request assurance from Pay.UK at various points in its New Payments Architecture (NPA) programme. This letter sets out the result of the latest assurance point.
The PSR Board agreed that Pay.UK has provided sufficient assurance at this stage to continue with its NPA programme plans.
There will be at least two further points of consideration for the PSR Board. These are: a programme-wide assurance point ahead of NPA ‘go live’ and a non-object decision concerning pricing methodology. We also plan to give directions to Pay.UK and its chosen Central Infrastructure Services (CIS) provider to implement our NPA Regulatory Framework.