About APACS
APACS is the UK trade association for payments and for those institutions that deliver payment services to customers. It provides the forum for its members to come together on non-competitive issues relating to the payments industry. Currently, we have 31 members.
APACS is the payments industry voice on a wide range of topics and the industry's representative in Europe. APACS forecasts payment trends, conducts market research, carries out lobbying activities, collates industry statistics, gets involved in developing industry standards and best practices.
One of APACS' key responsibilities is co-ordinating a whole range of activities to tackle payment-related fraud. One of the most visible recent initiatives has been the introduction of chip and PIN, which has been achieved hand-in-hand with the retail industry.
APACS works to develop and promote world-class standards for use in payments systems in the UK. At the heart of APACS' role is the need to ensure that the UK payments industry operates to the highest international standards and that payments are safe, reliable and resilient.
APACS Administration Limited
APACS (Administration) Ltd is a service company. It is wholly owned by the members of APACS. Its purpose is to provide within a single company the staff and facilities required by APACS and the individual scheme companies.
APACS (Administration) Ltd employs over 140 people. Its Chief Executive is Paul Smee, who is also the Chief Executive of APACS, the association.
