Friday 16 May 2008

National Payments Plan - Vision for UK Payments

The Payments Council in the UK was set up to outline a strategic direction for payments in the United Kingdom. The first release of the report focuses on retail payments and focuses on those areas that require collaboration.

The report makes for interesting reading and touches upon several subjects including the phasing out of cheque based clearing by 2018, the need for open & interoperable standards for mobile payments and the imperatives for financial inclusion.

Fairly interesting reading.....

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