News — PSD2

Anyone selling or buying in the European Union (EU) or the European Economic Area (EEA), needs to be aware of a revision to the Payment Services Directive, which is coming into force on 14 September 2019.  This revised Directive is intended to increase protection against online fraud for anyone buying or selling goods and services within the EU or EEA. The Payment Services Directive is an EU Directive, administered by the European Commission to regulate payment services and payment service providers throughout the European Union and European Economic Area. The Directive's purpose was, and still is, to increase pan-European competition...