The European Parliament has adopted the revised Directive on Payment Services, also known as PSD2. The new directive, a long awaited successor to the first Payment Services Directive from 2007, aims to harmonize the European retail payments market. The European retail payments market is very much fragmented along national borders and fosters the adoption of innovative, easy-to-use and secure payment schemes.
This white paper provides an overview of the requirements of PSD2 regarding the authentication of consumers involved in a payment. Through recent years, this has been a topic generating lots of discussions among members of the European Parliament.
In this white paper, you will learn:
- What happened previously
- Strong customer authentication requirements of PSD2
- What PSD2 means for Payment Service Providers
- How to Implement PSD2
Download this white paper now >>