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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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    2016-07-17

IFR card payment system

141a payment card scheme as defined in the IFR, being a single set of rules, practices, standards and/or implementation guidelines for the execution of card-based payment transactions and which is separated from any infrastructure or payment system that supports its operation, and includes any specific decision-making body, organisation or entity accountable for the functioning of the scheme.