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The Payments Council is the organisation which sets the strategy for UK payments. It was set up by the payments industry in March 2007 to ensure that UK payment systems and services meet the need of payment service providers, users and the wider economy.
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Payments Council evidence shows minimal impact of Cheque Guarantee Card Scheme closure on consumer and business cheque use
Following on from its decision that cheques will stay, the Payments Council today (Tuesday 20 December) confirms that its research to assess the impact of the closure of the Cheque Guarantee Card Scheme on consumers and businesses provides clear evidence that no case exists for reinstating the Scheme. Read more >>