Schemes and Networks

Schemes continue to evolve their pivotal role in the payments landscape as they increase their member scope and extend their product coverage.

Schemes and Networks

Schemes have expanded their regulatory role and are increasingly issuing new mandates and interventions as they seek to reduce fraud and risk exposure. Over 30 years, PSE has acquired a detailed and comprehensive understanding of the major international and European domestic card and ATM schemes. As a result, PSE has become a recognised source of in-depth insights and analysis of scheme processing mandates and rules, interchange frameworks and risk management processes. PSE’s experience has evolved through supporting clients in researching and developing the scheme compound of their payment propositions for both acquirers and issuers. PSE has also worked worldwide with the international schemes supporting member consulting assignments and business case developments for new products, new markets, and revenue and profit growth.

Case study

Regular billing and subscription

Objective 

To support a small UK bank in selection of a third party processor for their debit product. 

Approach 

PSE co-ordinated the entire RFP process working closely with the client.  This began with compiling the request for proposal document, liaising with the various disciplines (product, IT, finance etc) within the bank.  A list of potential processors was identified and invited to respond.  PSE evaluated the responses, both quantitative and qualitative, and modelled the total potential cost of each supplier over five years.  A shortlist was agreed and PSE chaired the shortlisted suppliers’ presentations, together with co-ordinating a rigorous Q&A process. 

Result 

The bank contracted with the processor which offered the best technical fit and value.  PSE continued to support the client during the implementation phase.

What our clients say

SME in all payment related space with in depth knowledge
Merchant
PSE Consulting are experts who really understand payments. They get under the skin of issues and provide consultancy that is more relevant and specific to the brief that many other consultants
Global Acquirer
PSE have strong payments experience both regarding product and the market, that is practical as well as good client mgmt skills. It's not a common combination.
Issuer
Professionalism during the project delivery and in-depth understanding of the selected topics, alongside with a flexible approach on topics e.g. change of language, timeline or scope of the project
Processor
Really took time to listen and understand our business to provide tailored and relevant consulting, it felt very bespoke not reliant on generic approach
Global Acquirer

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