Infographics: PSD2 explained » Banking Technology

In less than a year, the revised Payment Services Directive (PSD2) will be implemented across the European Union member states.

The main goal is to create a more uniform, transparent and open EU payment market that keeps innovation, competition and security to the fore. This nifty infographics, created by the European Payments Council (EPC), explains all you need to know about PSD2, from what it will change and its key components (such as APIs) to who the new players are.

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