3D Secure 2.0 and PSD2, live together in perfect harmony

PSD2 is the second iteration of ‘Payment Services Directive’ (PSD), a European Union (EU) directive first introduced in 2007 to regulate payment services and payment service providers (PSPs).

PSD also allowed for better pan-European competition and participation in the payments industry while threatening to break-up the banking industry’s monopoly on facilitating secure online payments.

Sourced through Scoop.it from: www.finextra.com

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