UK:
Payments Systems Regulator Issued Call For Input On Card Payment Systems
09 July 2015
Shearman & Sterling LLP
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On June 24, 2015, the Payment Systems Regulator issued a call
for input on card payment systems. The PSR seeks views on issues
related to payment systems in the UK and in particular on interbank
payment systems. The PSR is interested in hearing about the impact
of new EU regulations which introduce new rules and implement caps
on interchange fees, and the effect that these regulations might
have on the way in which the UK card payment systems operate. The
call for input also wishes to obtain views on general trends within
card payment systems and gather information on how the interests of
service users are considered in decision making. Responses to the
call for input are due before July 31, 2015.
The call for input is available at: https://www.psr.org.uk/sites/default/files/media/PDF/Cards%20Call%20for%20Inputs.pdf.
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