Section 103(3)

Rules or conditions governing access to, or participation in, a payment system must not, in respect of payment service providers, payment service users or other payment systems— restrict effective participation in other payment systems; discriminate (whether directly or indirectly) between in relation to the rights, obligations or entitlements of participants in the payment system; or different authorised payment service providers; or different registered payment service providers; impose any restrictions on the basis of institutional status.

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Source: legislation.gov.uk · retrieved 2026-09-04