Psd_2.psd

: Banks must share customer data (with explicit consent) with Third Party Providers (TPPs) . This allows for innovative services like Account Information Services (AISP) and Payment Initiation Services (PISP).

: By allowing non-bank entities—like tech startups and retailers—to enter the payment space, PSD2 fosters innovation and lower costs . Payment Services Directive: frequently asked questions psd_2.psd

Have you ever wondered how your favorite budgeting app magically pulls in your bank data or why online checkouts now require that extra verification step? That’s in action. : Banks must share customer data (with explicit