The Payments Council has announced the publication of Payments Roadmap – An Initial Report. This is designed to be a mechanism to shape the nation’s payments infrastructure in a way that provides the maximum benefits to everyone who makes and receives payments. The report sets out the analytical and consultative approach to be taken by the Payments Council to ensure that long-term decisions about, and investments in, the nation’s payments infrastructure are the right ones.

Over the coming months the Payments Council intends to consult with government, business, charity and consumer representative groups to better understand their future payments needs. The first full version of the Roadmap is planned to be published in Q1 next year.

Adrian Kamellard, chief executive at the Payments Council, says: “Demands on our payments infrastructure have changed massively over the past two decades, and whilst our infrastructure continues to serve us well with technological innovation happening apace, it makes sense to take a step back and consider options in a systematic way. The Payments Roadmap will put the needs of those who make and receive payments before those who process them - whilst of course maintaining a strong emphasis on system resilience and performance.”

Further info at: http://www.paymentscouncil.org.uk/roadmap/

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