UK High Court confirms Payments System Regulator power to cap cross-border card fees
The UK High Court has rejected a legal challenge from major payment firms against the PSR. This ruling confirms the regulator's authority to cap card fees.
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The UK High Court has today ruled that the Payments System Regulator (PSR) possesses the legal authority to impose price caps on cross-border interchange fees between the United Kingdom 
GBand Europe. This judicial decision, delivered on January 15, 2026, officially rejects a legal challenge brought by Mastercard Inc , Visa Inc , and Revolut against the regulator's planned interventions. The ruling confirms that the PSR has the power to proceed with its intended consultation and implementation of fee caps, marking a major milestone for payment regulation in the United Kingdom.
GBand Europe. This judicial decision, delivered on January 15, 2026, officially rejects a legal challenge brought by Mastercard Inc , Visa Inc , and Revolut against the regulator's planned interventions. The ruling confirms that the PSR has the power to proceed with its intended consultation and implementation of fee caps, marking a major milestone for payment regulation in the United Kingdom.
