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What is Payment Service Directive 2
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PSD2 is an EU directive which sets requirements for firms that provide payment services. It affects all banks and building societies, payment institutions, e-money institutions and their customers. PSD2 aims to:
Promote innovation.
Improve consumer protection.
Make payments safer and more secure.
Drive down the costs of payment services.
Promote innovation.
Improve consumer protection.
Make payments safer and more secure.
Drive down the costs of payment services.
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