banking

What is PSD2?

The second Payment Services Directive is an update to the PSD1 which was introduced in 2007 by the European Banking Authority. PSD2 aims at Strong Customer Authentication (SCA) for payments and requires banks to share customer data only through PSD2 compliant third-party service providers.

Was this document helpful?
Yes
No
Thank you for your feedback!
Want a feature?
Suggest


Switch to smart accounting software. Switch to Zoho Books.   Start my free 14-day trial Explore Demo Account

Books

Online accounting software
for small businesses.