The UK Payment Systems Regulator

The UK Payment Systems Regulator (PSR) is the organization responsible for ensuring that payment systems in the UK operate fairly, securely, and efficiently. It oversees how banks, card companies, and other payment providers work, promoting competition and innovation while protecting consumers and businesses from risks such as fraud or high costs. The PSR's role includes setting rules, monitoring industry practices, and resolving disputes to maintain a trustworthy and transparent payment environment that supports the UK's economy.