HM Treasury Consults on UK Future of Payments Review

HM Treasury has published a Call for Input on the U.K. Future of Payments Review, an investigation into how future payments are likely to be made and how the U.K. can offer world-leading retail payments. The review is focused on consumer needs — specifically, those of individuals and businesses processing retail payments. Input is sought on the following issues:

1. What are the most important consumer retail payment journeys, both today and in the next five years?
2. How does the experience of these journeys by U.K. consumers (individuals and businesses) compare with those of other leading countries?
3. How likely are the existing plans and initiatives across the payments landscape to deliver world-leading payment journeys for U.K. consumers?

The Call for Input is open until September 1, 2023.

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