Clifford Chance | Impact of PSD2 on online marketplaces operating in Europe

The online retail market is growing exponentially in Europe. For 2017, the B2C e-commerce turnover is forecasted to reach around EUR 602 billion, representing a year-on-year growth rate of 14%. Online marketplaces help sellers scale up their operations at an unprecedented pace.Many online marketplaces manage the flow of payments themselves by acting as intermediaries between buyers and sellers. 

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