Current Account Switch Service reports 39% year-on-year rise in H1 switching

Direct Debit hits record 5 billion transactions in 2025 – retaining its place as the UK’s go-to for recurring payments

Pay.UK appoints executives from Monzo, Equals and Bank of Ireland UK to join Board

Pay.UK’s response to the Bank of England consultation on extending RTGS and CHAPS operating hours

The consultation forms part of the Bank of England’s longer-term vision to move towards near-continuous settlement, building on the previously announced extension of CHAPS opening hours from 06:00 to 01:30 on weekdays from September 2027.

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Pay.UK’s response to PSR Specific Direction 17 (Confirmation of Payee) – Removing the expiry date and expanding the scope of directed firms consultation

Pay.UK welcomes the Payment Systems Regulator’s (PSR) proposal to remove the expiry date from Specific Direction (SD)17 and expand its scope to bring all payment service providers (PSPs) currently offering Confirmation of Payee within a regulatory framework.

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Pay.UK response to HM Treasury consultation on recognised payment systems and digital settlement asset service providers fee regime

We welcome the opportunity to respond to HM Treasury’s consultation on the Bank of England’s fee regime. As the operator and standards body for the UK’s retail interbank payment systems, we support the safe, resilient and efficient operation of the UK payments ecosystem.

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Empowering leadership and payments with Pay.UK and PwC UK