Payments

How does Payment Service Directive 2 (PSD2) regulations impact me as a customer?

Payment Services Directive 2 (PSD2) is a European regulation that makes electronic payments safer and more transparent. It ensures that only trusted providers can access your account data and only if you give your consent.  This helps you manage your money safely and gives you more flexibility.
When making an online payment, you will be asked to consent to share specific account information needed to complete the transaction. This consent allows only the trusted provider you’ve chosen to access your data, keeping your information protected. 

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