Loading...

PSD2

From September 14th this year, the Second Payment Services Directive – or PSD2 – will be implemented and it is set to change the market hugely. PSD2 is a directive created by the EU countries to regulate payment services and providers in the European Economic Area (EEA). PSD2 has already been passed into law in most EU countries, including the United Kingdom.

 

The regulation impacts every part of the industry, including improving the security of online transactions and creating more competition by making banks open up access to customer data (with the customer’s permission, of course).

 

For merchants, the most important aspect of PSD2 is that online transactions will be subject to Strong Customer Authentication requirements from 14 September 2019.

PSD2 infographic2

Latest from our blog

Check out our blog to see what were up to

The 6 most common reasons for chargebacks

In the next in our chargebacks series, we examine the six most common reasons for chargebacks. …

Read MoreThe 6 most common reasons for chargebacks

Past predictions about the future of payments

It’s human nature to want to know what the future will hold, so we make calculated …

Read MorePast predictions about the future of payments

Chargeback FAQ – 10 Common Chargeback Questions

In this post we’ll look at ten common questions on the subject of chargebacks.