Payment Systems Regulator

The Payment Systems Regulator (PSR) is the UK's economic regulator of payment systems. Their vision is to ensure that payment systems are accessible, reliable, secure, and value for money. Established in 2014, the PSR operates as an independent subsidiary of the Financial Conduct Authority with its own statutory objectives, governance, Managing Director, and Board. Payment systems play a crucial role in the UK's financial system, facilitating approximately 40 billion transactions annually, amounting to around £92 trillion. With statutory objectives focused on promoting competition, innovation, and ensuring the operation of payment systems in the interest of service-users, the PSR aims to ensure that payment systems and the regulatory framework operate in the best interests of service-users and the wider UK economy. Located in the United Kingdom, the PSR is committed to promoting rather than constraining innovation and competition within the financial services industry. For more information and opportunities, interested individuals can visit their website for the latest vacancies at PSR Careers.