A Complete Guide on PSD2 Compliance for Businesses

Danielj4ames05 Sep, 2024Business

PSD2 (Payment Services Directive 2) is a European regulation aimed at enhancing competition and innovation in the financial services sector, as well as improving consumer protection. It was adopted by the European Union and went into effect in 2018. The main goals of PSD2 include making online payments more secure, fostering innovation by allowing third-party providers to access customer banking data, and enhancing transparency in financial services. Read this PDF for more details.