Working with the largest providers of indirect access, Payments UK has published an updated Code of Conduct setting out a range of measures and commitments to improve indirect access to payment systems.
"We welcome the updated Code of Conduct, which addresses the main themes that emerged from the consultation Payments UK completed earlier this year.
"As set out in the final report on our indirect access market review. We expect that a number of new providers of indirect access will enter the market soon. We encourage any new providers to subscribe to the Code, to ensure that their customers receive its full benefit.
"We will continue to engage with Payments UK, the main providers of indirect access, any new providers and other relevant stakeholders in the development and implementation of the Code. We will continue to monitor developments as part of our next access and governance programme of work."