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Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatorycompliance. Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emergingpayment trends set to shape the industry.
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A push for simplification The PSR, which oversees payment systems including Faster Payments and Mastercard , will have its functions largely absorbed by the FCA. According to the government , this consolidation will reduce the complexity of regulatorycompliance, particularly for businesses navigating multiple oversight bodies.
Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatorycompliance. Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emergingpayment trends set to shape the industry.
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