Payment Systems Regulator Revenue and Competitors
Estimated Revenue & Valuation
- Payment Systems Regulator's estimated annual revenue is currently $36.5M per year.
- Payment Systems Regulator's estimated revenue per employee is $231,000
- Payment Systems Regulator has 158 Employees.
- Payment Systems Regulator grew their employee count by 16% last year.
What Is Payment Systems Regulator?
The Payment Systems Regulator (PSR) is the first economic regulator of payment systems anywhere in the world. We are here to make payment systems work well for those that use them. Our vision is for payment systems that are accessible, reliable, secure and value for money. We are an independent subsidiary of the Financial Conduct Authority with our own statutory objectives and governance, Managing Director and Board. We were incorporated in April 2014 and became fully operational in April 2015. Payment systems form a vital part of the UK's financial system. They underpin the services that enable funds to be transferred between people and institutions from large transfers between firms to a contactless payment for your morning coffee. These payment systems process some 21 billion transactions a year, worth around £75 trillion. We have three statutory objectives: to promote competition; to promote innovation; and to ensure that payment systems are operated and developed in the interests of service-users. Our aim is to ensure payment systems and the regulatory framework operate in the best interests of service-users and the wider UK economy promoting rather than constraining innovation and competition. Take a look at our latest vacancies: www.psr.org.uk/jobs-psr.keywords:Finance,Payments,Physical Security,Security
Number of Employees
Employee Growth %
Payment Systems Regulator News
The UK's Payment Systems Regulator (PSR) has reportedly put the card schemes on notice that it is looking into their fees and how to assist...
These companies allow merchants to accept card payments from customers. In turn, the acquirers pay fees to international card payment systems...
On 29 March 2022, the Payment Systems Regulation (PSR) published its annual plan and budget for 2022/23 alongside a related factsheet.
We are keen to hear from a wide range of respondents on the topics and questions posed in this paper, including the payments industry, technology providers, payments users, financial institutions, academics, other central banks and public authorities, and broader society. We will be accepting fe ...
The Payments Systems Regulator (PSR) in the UK stated on March 31, 2021 that it “provisionally” finds five firms violated the law by “engaging in cartel behavior” in the pre-paid cards market. As stated in a release, three out of five parties actually admitted liability for violating competitio ...
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