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What is the Payment Services Directive 2 (PSD2)? Complete Guide | UpGuard

In November 2015, the https://www.upguard.com/blog/eu-cybersecurity-certification-framework passed the Revised Payment Services Directive (PSD2) to replace the original PSD and further regulate payments throughout the EU and the larger European Economic Area (EEA). https://www.upguard.com/product/vendorrisk>What is the Payment Services Directive 2 (PSD2)?

The PSD 2 includes https://www.upguard.com/blog/cybersecurity-regulations-financial-industry, securing digital payment transactions, enhancing customer data security, and implementing https://www.upguard.com/blog/mfa-multi-factor-authentication.

The following is a complete timeline of important PSD and PSD2 events: 2007: The EU passed the PSD to unify the payment market throughout the European Union.

Examples of exemptions recognized by the PSD2 include: Transaction risk analysis (TRA), Low transaction value, Safelisted merchants, Subscription, and Secure corporate payment exemptions