New Transparency Requirements for Merchant Fees in 2026
The PSR's new rules on fee disclosure and what they mean for UK merchants comparing payment providers.
New Transparency Requirements for Merchant Fees in 2026
The Payment Systems Regulator (PSR) has introduced new rules requiring greater transparency in how payment providers communicate fees to merchants.
What's Changing
Payment providers must now provide clearer fee breakdowns on statements, advance notice of fee changes, and annual summaries of total fees paid.
What This Means for You
As a merchant, you now have the right to clearer information about what you're paying and why. This makes it easier to compare providers and negotiate better rates.
How to Use This to Your Advantage
Request a full fee breakdown from your current provider. Use this information to compare like-for-like with competitors. If you find you're overpaying, you now have clear data to negotiate with or use to switch.