Learn more

By Jess Jones The Payments Systems Regulator (PSR) and Financial Conduct Authority (FCA) have launched a joint call for information on the use digital wallets such as Apple Pay, Google Pay, and PayPal. The watchdogs are concerned about the explosion of their use in recent years. The UK regulators are seeking feedback from digital wallet providers, technology firms and users, to explore the impact of digital wallets, which are now used by more than half of UK adults, on consumers and businesses. The PSR’s managing director David Geale said: “Digital wallets are steadily becoming a go-to payment…

cuu