Policy submission
PAY.UK call for information on faster payments rule change - Which? response
1 min read
Which? strongly supports the proposal by UK Finance to introduce a FasterPayments Scheme rule requiring users to pay a fee to refund victims of authorised push payments scams in ‘no blame’ scenarios. Pay.UK should go further to help to communicate this to consumers in the form of a new Faster Payments guarantee, similar to the guarantee that Pay.UK oversees for direct debits.
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pdf (139 KB)
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