One of the PSR’s functions is to keep payment systems and services markets under review.

Market reviews are one of the principal ways in which the PSR investigates the market for payment systems, or the markets for services provided by payment systems, to see how well they are working for service users (i.e. those who use, or are likely to use, services provided by payment systems). They are in line with our competition, innovation and service-user objectives.

Market review timeline

We expect market reviews to take approximately 12 months with a further six months to assess any proposed remedies.

We remain committed to concluding our reviews as quickly and efficiently as possible.

Current market reviews

Market review into the supply of card-acquiring services:

On 24 January, we published our final terms of reference for our market review into the supply of card-acquiring services. 

Read more about our market review into the supply of card-acquiring services

Past market reviews

We have published final reports for our market reviews into the supply of indirect access to payment systems and also into the ownership and competitiveness of infrastructure provision.

They were first announced in our CP 14/1 consultation paper in late 2014.

You can find information, documents and updates for each market review by following the links below:

final report: supply of indirect access to payment systems

final report: ownership and competitiveness of infrastructure provision

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