PSD2 Contracts

EU Revised Directive on Payment Services (PSD2)
UK

The table below provides summary statistics for contract job vacancies 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 30 April 2025, comparing them to the same period in the previous two years.

6 months to
30 Apr 2025
Same period 2024 Same period 2023
Rank 493 590 693
Rank change year-on-year +97 +103 +127
Contract jobs citing PSD2 26 10 20
As % of all contract jobs advertised in the UK 0.089% 0.023% 0.034%
As % of the Quality Assurance & Compliance category 0.57% 0.16% 0.25%
Number of daily rates quoted 21 6 18
10th Percentile £260 £456 -
25th Percentile £519 £500 £415
Median daily rate (50th Percentile) £600 £525 £458
Median % change year-on-year +14.29% +14.63% -29.21%
75th Percentile £675 £550 £583
90th Percentile £750 £583 £775
UK excluding London median daily rate £478 £520 £429
% change year-on-year -8.08% +21.21% -33.64%

All Quality Assurance and Compliance Skills
UK

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.

Contract vacancies with a requirement for quality assurance or compliance skills 4,558 6,250 7,982
As % of all contract IT jobs advertised in the UK 15.59% 14.34% 13.37%
Number of daily rates quoted 2,921 3,951 5,482
10th Percentile £265 £295 £275
25th Percentile £400 £402 £409
Median daily rate (50th Percentile) £500 £510 £525
Median % change year-on-year -1.96% -2.86% +2.44%
75th Percentile £623 £625 £638
90th Percentile £725 £750 £738
UK excluding London median daily rate £475 £488 £475
% change year-on-year -2.56% +2.63% +5.56%
Number of hourly rates quoted 179 383 225
10th Percentile £18.04 £10.95 £13.21
25th Percentile £22.21 £13.18 £18.70
Median hourly rate £34.50 £21.00 £37.50
Median % change year-on-year +64.29% -44.00% +33.93%
75th Percentile £65.00 £45.00 £62.00
90th Percentile £83.01 £67.38 £77.50
UK excluding London median hourly rate £40.78 £18.00 £36.25
% change year-on-year +126.53% -50.34% +72.21%

PSD2
Job Vacancy Trend

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

Job vacancy trend for PSD2 in the UK

PSD2
Contractor Daily Rate Trend

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

Daily rate trend for PSD2 in the UK

PSD2
Daily Rate Histogram

Daily rate distribution for jobs citing PSD2 over the 6 months to 30 April 2025.

Daily rate histogram for PSD2 in the UK

PSD2
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PSD2 within the UK over the 6 months to 30 April 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
England +81 24 £600 +15.38% 32
London +52 21 £600 - 27
UK excluding London +55 3 £478 -8.08% 5
North of England - 3 £478 - 1
North West - 3 £478 - 1

PSD2
Co-occurring Skills and Capabilities 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 (3.85%) Confluence
Business Applications
1 12 (46.15%) BASE24
2 2 (7.69%) Payment Gateway
Cloud Services
1 12 (46.15%) Apple Pay
2 2 (7.69%) Azure
Communications & Networking
1 12 (46.15%) ATM
Database & Business Intelligence
1 12 (46.15%) NonStop SQL
Development Applications
1 1 (3.85%) JIRA
General
1 15 (57.69%) Banking
2 14 (53.85%) Finance
3 7 (26.92%) Social Skills
4 3 (11.54%) Analytical Skills
4 3 (11.54%) Law
4 3 (11.54%) Legal
5 2 (7.69%) Manufacturing
5 2 (7.69%) Marketing
5 2 (7.69%) Public Sector
5 2 (7.69%) Public Speaking
6 1 (3.85%) Corporate Banking
6 1 (3.85%) Documentation Skills
6 1 (3.85%) Private Banking
Job Titles
1 10 (38.46%) Development Engineer
1 10 (38.46%) Software Development Engineer
1 10 (38.46%) Software Engineer
2 5 (19.23%) Architect
3 3 (11.54%) Compliance Specialist
3 3 (11.54%) Payments Architect
4 2 (7.69%) Analyst
4 2 (7.69%) Banking Project Manager
4 2 (7.69%) Business Analyst
4 2 (7.69%) Chief Architect
4 2 (7.69%) Chief Security Architect
4 2 (7.69%) Product Manager
4 2 (7.69%) Project Manager
4 2 (7.69%) Security Architect
5 1 (3.85%) BASE24 Developer
5 1 (3.85%) Chief Information Security Officer
5 1 (3.85%) Developer
5 1 (3.85%) Payments Project Manager
5 1 (3.85%) Payments Solutions Architect
5 1 (3.85%) Solutions Architect
Libraries, Frameworks & Software Standards
1 11 (42.31%) Web Services
2 2 (7.69%) OAuth
2 2 (7.69%) OAuth2
3 1 (3.85%) JSON
3 1 (3.85%) XML
Miscellaneous
1 5 (19.23%) Digital Wallet
2 4 (15.38%) SWIFT Messaging Network
3 2 (7.69%) Blog
3 2 (7.69%) EMV
3 2 (7.69%) Mobile App
4 1 (3.85%) Product Ownership
Processes & Methodologies
1 10 (38.46%) OO
2 9 (34.62%) Software Engineering
3 7 (26.92%) Fintech
4 5 (19.23%) Stakeholder Management
5 4 (15.38%) Agile
6 3 (11.54%) Compliance Management
6 3 (11.54%) Problem-Solving
6 3 (11.54%) Regulatory Compliance
6 3 (11.54%) Risk Management
6 3 (11.54%) Stakeholder Engagement
7 2 (7.69%) Collaborative Culture
7 2 (7.69%) Customer Experience
7 2 (7.69%) Customer-Centricity
7 2 (7.69%) Event-Driven
7 2 (7.69%) Presales
7 2 (7.69%) Product Strategy
7 2 (7.69%) Regulatory Change
7 2 (7.69%) Roadmaps
7 2 (7.69%) Strategic Roadmap
7 2 (7.69%) Thought Leadership
Programming Languages
1 1 (3.85%) C
1 1 (3.85%) C++
1 1 (3.85%) COBOL
1 1 (3.85%) Java
1 1 (3.85%) SQL
Qualifications
1 4 (15.38%) Degree
2 1 (3.85%) CBAP
2 1 (3.85%) PMI Certification
2 1 (3.85%) PMP
Quality Assurance & Compliance
1 14 (53.85%) ISO 8583
2 4 (15.38%) PCI DSS
3 3 (11.54%) GDPR
3 3 (11.54%) ISO 20022
3 3 (11.54%) SEPA
4 2 (7.69%) GRC
4 2 (7.69%) ISO/IEC 27001
4 2 (7.69%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 2 (7.69%) NIST
4 2 (7.69%) NIST 800
5 1 (3.85%) TARGET2
System Software
1 1 (3.85%) XYGATE
Vendors
1 12 (46.15%) HP
2 5 (19.23%) Microsoft
3 2 (7.69%) Cisco
3 2 (7.69%) Palo Alto
3 2 (7.69%) Splunk
3 2 (7.69%) Zscaler
4 1 (3.85%) Apple
4 1 (3.85%) Oracle
4 1 (3.85%) Salesforce
4 1 (3.85%) SAP
4 1 (3.85%) ServiceNow