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 (the PSRs). The firm provided money-remittance services, primarily supporting money service businesses to make cross-border payments, including through its network of FCA-registered agents, which are businesses or individuals registered to provide payment services on its behalf. See a list of PPS Money’s current and former agents.PPS entered liquidation after the directors determined that the firm could no longer continue trading. The joint liquidators are responsible for assessing customer claims against the firm and distributing funds back to customers where possible.If you have any questions regarding the liquidation process, please contact: premier.ps@btguk.com.We will continue to engage with the joint liquidators and take any necessary actions to seek the best outcome for consumers.
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