The latest from the world of UK payments. Product updates, industry news, and guides for growing businesses.
Aug 2026
The government is moving Gov.UK Pay to open banking Pay by Bank across around 1,000 public services. Here is what that mainstream shift means for UK merchants weighing account-to-account payments.
Read article →Your merchant account now fits in your pocket. Check takings, search transactions, follow settlements and payouts, and send a Pay by Link request from your iPhone or iPad. Free on every Monek account.
Read more →The FCA wants UK-issued stablecoins to become a faster, cheaper way to pay. Here is what that push means for UK merchants, and why proven card and bank rails still matter most today.
Read more →The FCA scrapped the £100 contactless limit in March 2026, yet most UK banks have kept it in place. Here is what the change means for retail and hospitality, and what to do now.
Read more →HM Treasury is consulting on replacing the Payment Services Regulations with an FCA-led rulebook covering tokenised money, open banking and AI payments. Here is what UK merchants should know.
Read more →Stripe and Advent International have reportedly tabled a $53bn joint offer for PayPal. Here is what the deal would mean for UK merchants who rely on PayPal, Braintree or Stripe at the checkout.
Read more →The Bank of England's RPIB is consulting on the design of the UK's next-generation payment rails, including account-to-account payments at the checkout. Here is why merchants should pay attention.
Read more →The PSR's first independent review of the APP scam reimbursement rules shows fraud losses down and most victims repaid. Here is what the findings mean for UK merchants.
Read more →The PSR is moving toward a long-term cap on UK-EEA cross-border interchange after winning in court. Here is what it means for any UK merchant that accepts European-issued cards.
Read more →The government has confirmed it will abolish the Payment Systems Regulator and move its work into the FCA. Here is what the shake-up changes for UK merchants, and what it does not.
Read more →From 15 July 2026 Buy Now Pay Later becomes FCA-regulated credit. Here is what UK merchants who offer it should review before the deadline, and where the real exposure sits.
Read more →The PSR is forcing Visa and Mastercard to disclose how UK scheme fees are set. The regulation is the slow story; the questions you can put to your acquirer this quarter are not.
Read more →The UK Payments Initiative is rolling out commercial Variable Recurring Payments through 2026. Here's what UK merchants should actually know now, and what can wait.
Read more →Monek now appears in Merchant Machine's independent comparison of 100+ UK payment providers. Rather than just take a bow, here's how to read comparison tables like that one properly — and the things they can't tell you.
Read more →The Small Business Protections (Late Payments) Bill announced in the 2026 King's Speech caps B2B terms at 60 days and adds mandatory interest on overdue invoices. Here's what UK merchants should do this week.
Read more →The FCA's new safeguarding regime took effect on 7 May 2026, materially changing how UK payment firms must protect merchant funds. Here's what to ask your PSP.
Read more →Pay by Link lets UK businesses take card payments by sending a one-time URL — no terminal, no website, no card details over the phone. Here's how to use it well.
Read more →FCA authorisation is the line between a payment provider with real customer-funds protection and a re-seller of someone else's licence. Here's how to read the difference.
Read more →What does a fair UK gateway rate look like in 2026? A 5-line method using your real statement that exposes hidden fees — and the honest benchmark, from 0.99% blended.
Read more →UK merchants can now connect their Monek account to Xero in under 2 minutes, with every payment automatically creating a matching Xero transaction entry.
Read more →Most UK businesses are paying far more in card processing fees than they need to. Here's what a fair rate looks like in 2026, and how to read the small print.
Read more →Choosing the right WooCommerce payment gateway matters more than most UK merchants realise. Here's why Monek beats the defaults for UK ecommerce.
Read more →UK merchants can now benefit from automatic payment reconciliation with Monek's Xero integration, currently awaiting App Marketplace approval.
Read more →Five practical strategies for negotiating better rates, understanding your statement, and reducing unnecessary fees with your current acquirer.
Read more →We've rebuilt the Monek merchant dashboard from the ground up. Real-time reporting, batch refunds, and advanced filtering are now live.
Read more →After switching from Stripe, this UK e-commerce business reduced processing fees by over a third while improving settlement times to next-day.
Read more →Interchange-plus pricing can be significantly cheaper than blended rates — but it's not for everyone. Here's how to decide if it suits your business.
Read more →UK merchants can now discover and connect Monek directly through the Xero App Marketplace, making payment reconciliation completely automatic.
Read more →A major update to the Monek Portal introduces the Virtual Terminal, enhanced Pay by Link with real-time tracking, and advanced refunds — driven by pilot merchant feedback.
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