NEWS

Payment Services Directive

Payment Services Directive

Payment Services Directive

PSD2 has received UK parliamentary approval and is now pending EU sign off, some claim this is banking evolution but it is more like revolution. What does this mean to the big banks?

The driving force behind both directives is the harmonisation of the payments landscape to level the playing field between countries and between payments providers, with the end goal of increasing competitiveness and thereby giving the consumer better value.

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