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Project Regulator will be developing an educational piece regarding the emerging payments sector and include definitions that best articulate EMIs and PIs to the consumer. This publication is part of Project Regulator’s focus on best defining banking terminology and increasing awareness of payments terms. Project Regulator will also work on revising and updating the Payments Association’s glossary of payments terms which had previously been published in 2013.
Thanks to our Benefactor, Clearsettle.