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11 Results from 2023

John Bertrand

John Bertrand MD at Tec 8 Limited

Will Payment Service Providers (PSP) prosper going forward?

As domestic payment fees 'go towards zero', how will PSP make any monies from the payments business, especially if the PSP is a non-bank1 and is OpenBanking an opportunity or challenge to PSPs? Taking a look at the PSP market size in the UK in 2022 was £11billion ($13Billon), 20,000 employees and 2,000 PSP(a) companies. The leaders: Worldpay, PayPa...

/payments /regulation Mobile Financial Services (MFS)

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