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PSD2

PSD2

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**PSD2**

What is PSD2?

PSD2, or the Revised Payment Services Directive, is a European regulation designed to make payments safer, increase innovation, and help banking services adapt to new technologies. It requires strong customer authentication (SCA) for online payments, promotes open banking by allowing third-party providers (TPPs) to access bank account information with customer consent, and aims to level the playing field for payment service providers.

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