Statement on the regulation of Payforit
29 May 2013
PhonepayPlus today publishes a statement setting out how it interprets its Code of Practice in relation to the regulatory status of the Payforit Scheme Rules.
PhonepayPlus has regulatory responsibility for premium rate services using the Payforit payment scheme, and providers using Payforit must ensure their services are compliant with the PhonepayPlus Code of Practice. Providers of services using Payforit are also required to follow the Payforit Scheme Rules as part of their contractual arrangements with Mobile Network Operators. The statement clarifies the status of the Scheme Rules and sets out where Payforit can give providers extra assistance in complying with the Code.
PhonepayPlus' Statement on the regulation of Payforit