This paper gives an overview of The Payment Services Directive 2 (PSD2), the updated version of the original Payment Services Directive.

PSD2 Background

The Payment Services Directive 2 (PSD2) is an updated version of the original Payment Services Directive that had the objective of creating a single market for payments within the European Union. Alongside other banking initiatives, PSD2 aims to open up the market.

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  • What the legislation means
  • The impact on Service Providers
  • The increased Cyber Security requirements

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