PSR has published its report on direct access to payment systems and the governance of payment system operators in the UK. It summarises the information received from operators showing how they are complying with measures introduced by PSR and identifies the following as areas for operators to continue to focus on:
- making onboarding faster and simpler still;
- doing more to help smaller banks and PSPs that are not banks; and
- never losing sight of the PSPs, businesses and people that rely on payment systems.