Premier Payment Solutions Ltd enters liquidation
Why this matters
This is an FCA news update announcing the voluntary liquidation of Premier Payment Solutions Ltd, a small payment institution. The content is factual and informational, providing guidance to customers on the liquidation process, contact details for liquidators, and clarification that FSCS protection does not apply. While it touches on consumer protection and licensing matters, it represents a routine firm exit rather than a new regulatory requirement, enforcement precedent, or policy change. The significance is limited to the specific firm and its customers.
AI-generated classification rationale, not a full analysis. Verify with the original FCA source before acting. Full disclaimer.
What the FCA said
On 10 September 2026, Premier Payment Solutions Ltd, which traded as PPS Money and MTBS (together, 'PPS Money'), entered liquidation. Bai Cham and Gary Shankland of BTG Begbies Traynor were appointed joint liquidators. PPS Money is registered as a small payment institution under the Payment Services Regulations 2017…
Extract from FCA . Read the full notice at the source for the authoritative text.
Context
Financial Conduct Authority (FCA) — UK financial services regulator. We track 425 updates from them.
Financial services regulation in the UK, primarily overseen by the FCA and PRA. Browse all United Kingdom updates.
This update is classified under Consumer Protection / Conduct, Authorisation & Licensing and Payments & E-Money.