Central Banking

UK payments regulator notes expansion of indirect access providers

Royal Bank of Scotland
RBS: one of four major banks offering indirect access

The Payment Systems Regulator (PSR) has raised concerns about indirect access in its latest interim report, published today (March 10), while noting four potential entrants are planning to become indirect access providers (IAPs).

"Although competition in the supply of indirect access is producing some good outcomes for indirect payment service providers (IPSPs), we have specific concerns about choice, service quality and the ability of IPSPs to switch providers," the PSR said in the report.

One

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: