Country Intelligence
United Kingdom | GPIR Country Intelligence | FINTECHOISIS
The United Kingdom left the European Union in 2020 and is not an EEA or Euro Area member, but it remains inside the SEPA (Single Euro Payments Area) geographical scope as defined by the European Payments Council — a payment-scheme participation that is independent of EU, EEA and Euro Area membership (see the Europe / SEPA directory for how GPIR keeps these four classifications separate). Domestically, the UK operates one of the world's longest-running real-time retail payment systems (Faster Payments, live since 2008) alongside a mature Open Banking regime that predates the EU's own PSD2 rollout in several respects.
Access required
This publication requires authorization through the GPIR Supabase access boundary.