Just announced: PSR decision on NPA

Issue 4 | 29 July 2021

Just announced

The PSR have decided that Pay.UK should phase the development of the UK’s New Payments Architecture (NPA) by narrowing the scope of the NPA central infrastructure services (CIS) contract. 

Also, Pay.UK must secure this contract through a competitive tender. 

The PSR are also consulting on the draft legal instruments they plan to give to implement their decisions.

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