EU: Insight: An Overview of the Legal Implications of PSD2 for Third-Party Providers

In the build-up to the revised Payment Services Directive (PSD2) entering into force across EU member states in January 2018, PaymentsCompliance provides practical insight on the regulation of third-party providers under the directive.

On December 23, 2015, Directive (EU) 2015/2366, also known as the revised Payment Services Directive (PSD2), was published in the Official Journal of the European Union. PSD2 will supersede Directive 2007/64/EC, also known as the first Payment Services Directive (PSD1), with effect from January 13, 2018.

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