The Third Payment Services Directive (PSD3) – Everything Merchants Need to Know So Far.

In this report, Alison Donnelly provides a comprehensive overview of PSD3 and discusses its potential implications for businesses, payments and customers.

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The Third Payment Services Directive (PSD3) – Everything Merchants Need to Know So Far.

The European Commission is on the verge of publishing the third Payment Services Directive (PSD3) which will introduce new regulations for payment services in the European Economic Area (EEA). While the immediate impact may not be significant, it is essential for merchants of payment services to familiarise themselves with the expected changes.

 

Questions answered:

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What is the Payment Services Directive and why is there a third one?

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What are the likely changes that will impact e-commerce?

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What other things might change?

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When will the change happen?

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About fscom

At fscom, we strive to offer excellent service in a professional and personable manner. We deliver this through our unrivalled understanding of financial services regulation and a strong emphasis on taking a commercial and innovative approach that puts our clients’ needs first.

We are specialists in providing regulatory advisory services to a broad range of financial services institutions including payment services and e-money, retail banks, cryptocurrency, trading and broking and asset management firms.

We work across three core areas of regulatory compliance, financial crime and cyber security and provide a range of services including compliance advice, authorisations, audits, interim roles and compliance training.