Department profile
Eversheds Sutherland

Financial Services: Payments Law

UK Guide 2026 : UK-wide


Eversheds Sutherland

Rankings

About

Provided by Eversheds Sutherland

We are one of a very small number of firms to have a practice which focuses solely on Payments.

The team is best known for its work on PSD2, Open Banking, and large-scale payments transactional and assurance projects. We provide strategic advice on launching new products, implementing new payments legislation, as well as addressing complex technical and operational issues. Our recent work includes advising on high-risk, high-profile transactions in the payments sector, where outcomes can significantly impact client business models.

Other work includes compliance strategies and advising on “first of a kind” mandates, such as central bank digital currencies and innovative payment solutions. We also engage with regulators and industry bodies on key sector issues and have supported regulators on writing payments regulatory guidance.

Our team in the UK is supported by colleagues across the US, Europe, and Asia. Clients include banks, card payment networks, credit card issuers and merchant acquirers to payment facilitators, e-money institutions and third party payment providers, as well as major retailers and global brands. Our global reach and knowledge leadership are evidenced by regular publications and a yearly Payments Horizon Scanner.

Clients (6)

  • Banks
  • Card schemes
  • Issuers
  • Acquirers
  • Facilitators
  • E-money

Industries (7)

  • Banking and financial institutions
  • Fintech’s
  • Professional services
  • Retail
  • Transport
  • Infrastructure
  • Technology

Chambers Review

Provided by Chambers

Financial Services: Payments Law - UK-wide

Band 2

Band 2


What the Team is Known For

Eversheds Sutherland has an accomplished payments practice and acts for a range of clients including banks, issuers of credit cards, and payments services firms. The teams work is broad and includes everything from M&A to advice on open banking.

Strengths

Provided by Chambers

  • The team provides an extensive review with specific attention to detail in relation to customer understanding.

    Financial Services: Payments Law respondentUK
  • Eversheds is very reliable and able to handle incredibly complex topics and challenges very well. The lawyers are very responsive and provide advice within the agreed timescales.

    Financial Services: Payments Law respondentUK
  • Eversheds provides high quality regulatory advice with strong insights into the regulator's view.

    Financial Services: Payments Law respondentUK
  • Eversheds has great expertise and knowledge and has a variety of teams to support different legal needs.

    Financial Services: Payments Law respondentUK

Notable Practitioners

Provided by Chambers

  • Band 1Richard Jones
    Band 1Richard Jones

    Richard Jones

    Richard Jones is head of the Eversheds payment services group and is recommended for his expertise with regard to payment issues concerning card issuers, banks and other financial institutions. He also advises on payment-related product launches.

    • His advice is technically excellent, practical and reflects an extensive knowledge of the industry practice.

      Financial Services: Payments Law respondentUK
    • Richard is great to work with and provides excellent advice.

      Financial Services: Payments Law respondentUK
    • He has excellent knowledge and industry connections and has a depth and breadth of experience.

      Financial Services: Payments Law respondentUK
    • Richard is a pleasure to work with and is incredibly responsive.

      Financial Services: Payments Law respondentUK
    • He understands the regulator's view on key issues and the commercial drivers in the sector, which enable him to provide appropriate advice to advance our strategic objectives.

      Financial Services: Payments Law respondentUK

Ranked Individuals at Eversheds Sutherland (1)

UK-wide

  • Profile image of Richard Jones

    Richard Jones

    Head of Financial Services: Payments Law

    View profile

Members

Provided by Eversheds Sutherland

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