PSD2 (Payment Services Directive 2) Definition

The Payment Services Directive 2 (PSD2), officially Directive (EU) 2015/2366, is the European Union's comprehensive legal framework governing payment services,

The Payment Services Directive 2 (PSD2), officially Directive (EU) 2015/2366, is the European Union's comprehensive legal framework governing payment services, designed to increase competition, enhance consumer protection, and mandate robust security standards like Strong Customer Authentication (SCA) across the European Economic Area (EEA).

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