Mike Chambers

Ambassador
The Payments Association

Mike is a recognised authority on automated payments and, as Chief Executive Officer, he led Bacs Payment Schemes Limited (Bacs), the UK’s biggest retail payment system, from 2004 until 2018.  
 
During this time, he successfully steered the company through a record number of payment processing, technological, regulatory and innovative customer proposition ‘firsts’.  
 
Under Mike’s direction, Bacs extended its product offering to include the ownership, management and market adoption of the Current Account Switch Service and the Cash ISA Transfer Service.  
 
During his time at Bacs, Mike also led the UK’s systemically important RTGS payment system (CHAPS) as its CEO and operated the UK’s Faster Payment Scheme as its first Chief Executive creating the Payment System Operator (Faster Payment Scheme Limited).  

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