- November 30, 2015
- Global Payments Knowledge
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- PSD2
PSD2 – The Actual Text
Revised Directive on Payment Services (PSD2)
The European Commission welcomed the adoption by the European Parliament of the revised Directive on Payment Services (PSD2). This new law, proposed by the European Commission in July 2013, enhances consumer protection, promotes innovation and improves the security of payment services.
PSD2 is the latest in a series of laws recently adopted by the EU in order to provide for modern, efficient and cheap payment services and to enhance protection for European consumers and businesses.
To read the full text on PSD2 click here
Source – European Commission