Strategy Senior Associate

Description:

How payments work affects the society we live in; the challenges faced by the vulnerable; how likely we are to fall victim to fraud; and how easily we can manage our money. Payments underpin our economy.

Behind these payments are several important payment systems. We rely on these systems to support markets, facilitate competition, and drive innovation.

This helps to deliver new products, find new ways to protect people from harm, and deliver services that give people and businesses more choice and control about how to pay and be paid.

We need the technology, the rules governing the use of these systems and the markets they support to all work well.

This is where the PSR plays an important role. As the economic regulator of, and competition authority for, payment systems, our role is to hold the sector to account in protecting people and businesses and promote competition and innovation in these systems and the markets that they support.

To achieve this, we have set out in our Strategy four strategic priorities:
 

• Ensure users have continued access to the payment services they rely on and support a choice of payment options
• Ensure users are sufficiently protected when using the UK's payment systems
• Promote competition between UK payment systems and the markets supported by them; protecting users where that competition is not sufficient
• Act to ensure the interbank systems provide the infrastructure, rules and incentives that foster innovation and competition in payments