Do you fully understand what PSD2 is?

Posted by Melanie Horsford on Aug 11, 2017 3:50:11 PM
Melanie Horsford
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The implementation of the Second Payment Services Directive (PSD2) early next year is set to have a far reaching and positive impact on payments and digital commerce.

Integrating Third Party Providers (TPPs) into the Financial Conduct Authority (FCA's) regulatory framework will lead to new levels of transparency and security in the online transfer of money.  A new wave of competition and innovation in payment services will emerge, ultimately enhancing the customer experience.

We have created an infographic to explain in more detail about what PSD2 is and the implications.

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PSD2 Infographic 

 


Take a look at other articles by Simon Pepper - Head of Product

Financial IT - PSD2 - Opening the Gates to Pay by Mobile

Why PSD2 could be a catalyst for pay by mobile



 

Topics: PSD2