Written Question·Treasury·UIN 117464

Payments: Fees and Charges

Tabled: 3 March 2026
Answered: 9 March 2026
Named Day

Question

Sarah Edwards

LabourTamworth

To ask the Chancellor of the Exchequer, what steps her Department is taking to support competition in the payments market to reduce fees for small businesses.

Answer

Lucy Rigby
The Government recognises the importance of ensuring that the cost of accepting payments, including cards, is fair to all parties, and that our payment systems work for all. The Payment Systems Regulator (PSR), the UK’s economic regulator for payments, ha...

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