Legal News

PSR says Pay.UK has provided assurance on its NPA programme plans

Published on: 21 September 2023
Published by LNB News

LNB News 21/09/2023

Document Information

Issue Date: 21 September 2023

Published Date: 21 September 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Payment Systems Regulator (PSR) has published a letter dated 3 August 2023 to Pay.UK which confirms that the PSR’s board has agreed that Pay.UK has provided sufficient assurance at this stage to continue with its New Payments Architecture (NPA) programme plans. The letter outlines specific areas the PSR will monitor as Pay.UK’s NPA programme enters its next phase.

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