Payments Council

The Payments Council is an organization responsible for overseeing and improving the UK's payment systems, such as bank transfers, direct debits, and card transactions. It sets strategies, creates standards, and coordinates efforts among banks and financial institutions to ensure that payments are secure, efficient, and reliable. Essentially, it acts as a guiding body to support the smooth functioning, innovation, and safety of the UK's payment infrastructure, making everyday transactions seamless for consumers and businesses alike.