UK payments regulator publishes feedback on 'variable recurring payments' expansion plan
( August 15, 2024, 14:52 GMT | Official Statement) -- MLex Summary: The responses of UK banks, building societies and other payments firms to the Payment Systems Regulator’s proposal to expand variable recurring payments has been published today. The PSR said that in response to the feedback it could revise a plan to force the nine largest UK banks and building societies to participate and would reconsider its approach to what fees they would be able to impose.Statement below, documents attached. ...
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