UK: PSR Consults on Proposed Approach to Merchant Survey

On May 22, 2019, the Payment Systems Regulator (PSR) released a consultation paper setting out its proposals on its approach to the merchant survey, as part of its initiative to conduct a market review into the supply of card-acquiring services.

The PSR’s consultation paper is mainly addressed to providers of card-acquiring services and merchant trade bodies; however, the paper is also of interest to card scheme operators and issuers.

The merchant survey is aimed at examining the following:

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