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Digital Payments UK

Author: Lafferty Research

Publishing date: November 2017

Understanding the challenges, opportunities and key players in the UK's alternative payments market.

The UK is rapidly transforming into a truly digital economy, with the payments industry leading this evolution at a rapid pace. Yet, consumers are slow to change and more traditional means of payment such as cash and cards continue to dominate the payments landscape. Many of the digital payments players in the market are focused on facilitating card payments through mobile devices or online but upcoming regulatory change coupled with the Faster Payments Service will encourage the creation of alternative rails.

Digital Payments UK — the first report in Lafferty's Digital Payments Research Service series — looks in-depth at the UK digital payments market and outlines:

  • The UK payments infrastructure and regulatory environment
  • Opportunities created by PSD2 and Open Banking, with a special focus on the Faster Payments Service
  • The retail payments landscape, from customer and merchant viewpoints.
  • New players in the payments industry and how they interact with the traditional payments system.
  • Emerging alternative payment methods in face-to-face, e-commerce and P2P scenarios.

The report features a detailed explanation of the UK's payments industry players, including:

  • Payments players
  • PSPs
  • Acquirers
  • Issuers
  • Processors
  • Others

Digital Payments UK is essential reading for senior decision-makers in retail banks, payments providers and fin-techs seeking to learn from and understand the opportunities in the UK's digital payments industry.

Download the Digital Payments UK report Table of Contents

Purchase this report from the link at the top of this page, or to find out more about Lafferty Research Services subscription packages, email enquiries@lafferty.com or call +44 (0) 203 633 1630.

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