PSD2 - The second Payment Services Directive
Implemented on January 13th 2018, the purpose of the revised Payment Services Directive (PSD2) is to promote innovation, competition and efficiency.
At the same time, the Directive aims to introduce stricter security standards for online payments, to boost consumer confidence and to ensure fair and open access to payment markets.
On which pillars is the PSD2 based on ?
What are the major impacts for the payment services users ?