PSD2 Contracts in England

EU Revised Directive on Payment Services (PSD2)
UK > England

The table below provides summary statistics for contract job vacancies advertised in England requiring PSD2 skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited PSD2 over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 462 536 647
Rank change year-on-year +74 +111 +113
Contract jobs citing PSD2 23 6 6
As % of all contract jobs advertised in England 0.094% 0.016% 0.012%
As % of the Quality Assurance & Compliance category 0.60% 0.11% 0.089%
Number of daily rates quoted 20 2 5
10th Percentile £260 £433 -
25th Percentile £509 £463 -
Median daily rate (50th Percentile) £600 £520 £458
Median % change year-on-year +15.38% +13.54% -28.99%
75th Percentile £619 £571 £530
90th Percentile £688 £597 £572
UK median daily rate £600 £525 £458
% change year-on-year +14.29% +14.63% -29.21%

All Quality Assurance and Compliance Skills
England

PSD2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in England.

Contract vacancies with a requirement for quality assurance or compliance skills 3,865 5,295 6,738
As % of all contract IT jobs advertised in England 15.87% 14.24% 13.35%
Number of daily rates quoted 2,481 3,378 4,585
10th Percentile £270 £300 £276
25th Percentile £400 £408 £406
Median daily rate (50th Percentile) £513 £525 £525
Median % change year-on-year -2.38% - -
75th Percentile £635 £638 £650
90th Percentile £738 £750 £750
UK median daily rate £500 £510 £525
% change year-on-year -1.96% -2.86% +2.44%
Number of hourly rates quoted 160 347 206
10th Percentile £17.78 £10.95 £13.94
25th Percentile £22.27 £13.09 £19.50
Median hourly rate £34.75 £22.34 £41.50
Median % change year-on-year +55.55% -46.17% +50.91%
75th Percentile £65.00 £45.00 £63.75
90th Percentile £79.11 £67.38 £79.88
UK median hourly rate £34.50 £20.80 £37.50
% change year-on-year +65.85% -44.53% +33.93%

PSD2
Job Vacancy Trend in England

Job postings citing PSD2 as a proportion of all IT jobs advertised in England.

Job vacancy trend for PSD2 in England

PSD2
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing PSD2 in England.

Daily rate trend for PSD2 in England

PSD2
Daily Rate Histogram in England

Daily rate distribution for jobs citing PSD2 in England over the 6 months to 1 May 2025.

Daily rate histogram for PSD2 in England

PSD2
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PSD2 within the England region over the 6 months to 1 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
London +54 20 £600 - 47
North of England - 3 £478 - 1
North West - 3 £478 - 1
PSD2
UK

PSD2
Co-occurring Skills and Capabilities in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (4.35%) Confluence
Business Applications
1 11 (47.83%) BASE24
2 2 (8.70%) Payment Gateway
Cloud Services
1 11 (47.83%) Apple Pay
2 1 (4.35%) Azure
Communications & Networking
1 11 (47.83%) ATM
Database & Business Intelligence
1 11 (47.83%) NonStop SQL
Development Applications
1 1 (4.35%) JIRA
General
1 12 (52.17%) Banking
2 11 (47.83%) Finance
3 6 (26.09%) Social Skills
4 3 (13.04%) Law
4 3 (13.04%) Legal
5 2 (8.70%) Analytical Skills
6 1 (4.35%) Corporate Banking
6 1 (4.35%) Documentation Skills
6 1 (4.35%) Manufacturing
6 1 (4.35%) Marketing
6 1 (4.35%) Private Banking
6 1 (4.35%) Public Sector
6 1 (4.35%) Public Speaking
Job Titles
1 10 (43.48%) Development Engineer
1 10 (43.48%) Software Development Engineer
1 10 (43.48%) Software Engineer
2 3 (13.04%) Architect
2 3 (13.04%) Compliance Specialist
3 2 (8.70%) Analyst
3 2 (8.70%) Banking Project Manager
3 2 (8.70%) Business Analyst
3 2 (8.70%) Payments Architect
3 2 (8.70%) Product Manager
3 2 (8.70%) Project Manager
4 1 (4.35%) Chief Architect
4 1 (4.35%) Chief Security Architect
4 1 (4.35%) Payments Project Manager
4 1 (4.35%) Security Architect
Libraries, Frameworks & Software Standards
1 10 (43.48%) Web Services
2 2 (8.70%) OAuth
2 2 (8.70%) OAuth2
3 1 (4.35%) JSON
3 1 (4.35%) XML
Miscellaneous
1 5 (21.74%) Digital Wallet
2 3 (13.04%) SWIFT Messaging Network
3 2 (8.70%) EMV
3 2 (8.70%) Mobile App
4 1 (4.35%) Blog
4 1 (4.35%) Product Ownership
Processes & Methodologies
1 10 (43.48%) OO
2 9 (39.13%) Software Engineering
3 7 (30.43%) Fintech
4 5 (21.74%) Stakeholder Management
5 3 (13.04%) Agile
5 3 (13.04%) Compliance Management
5 3 (13.04%) Regulatory Compliance
5 3 (13.04%) Stakeholder Engagement
6 2 (8.70%) B2C
6 2 (8.70%) Collaborative Culture
6 2 (8.70%) Customer Experience
6 2 (8.70%) Customer-Centricity
6 2 (8.70%) Event-Driven
6 2 (8.70%) Event-Driven Architecture
6 2 (8.70%) Microservices
6 2 (8.70%) Migration
6 2 (8.70%) Problem-Solving
6 2 (8.70%) Product Strategy
6 2 (8.70%) Risk Management
6 2 (8.70%) Thought Leadership
Programming Languages
1 1 (4.35%) C
1 1 (4.35%) C++
1 1 (4.35%) COBOL
1 1 (4.35%) Java
1 1 (4.35%) SQL
Qualifications
1 4 (17.39%) Degree
2 1 (4.35%) CBAP
2 1 (4.35%) PMI Certification
2 1 (4.35%) PMP
Quality Assurance & Compliance
1 13 (56.52%) ISO 8583
2 3 (13.04%) PCI DSS
3 2 (8.70%) GDPR
3 2 (8.70%) ISO 20022
3 2 (8.70%) SEPA
4 1 (4.35%) GRC
4 1 (4.35%) ISO/IEC 27001
4 1 (4.35%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 1 (4.35%) NIST
4 1 (4.35%) NIST 800
System Software
1 1 (4.35%) XYGATE
Vendors
1 11 (47.83%) HP
2 3 (13.04%) Microsoft
3 1 (4.35%) Cisco
3 1 (4.35%) Palo Alto
3 1 (4.35%) Splunk
3 1 (4.35%) Zscaler