The Payment Services Directive 2 (PSD2) is the implementation of an EU directive that ensures the further standardization of the payments system in the European Union. The goals of PSD2 are: to create an equal playing field through regulation for providers of online payment services, to increase the security of European payments, to offer consumers more security, to promote competition in the uniform payment market to stimulate innovative online payment services and to reduce costs for consumers. Additionally, PSD2 offers third parties the possibility to access consumers’ payment accounts, but only if consumers give their consent.
Context
As PSD2 unfolds, there happens to be a dramatic rise in demand for PSD2 solutions. This because PSD2 offers vast potential across European markets. With the increasing demand for PSD2 solutions, there is a need for transparency on the offered PSD2 services within the market.
The PSD2 Marketplace
As the leading European channel, designed to ensure that companies and clients get the maximum value out of PSD2 solutions, PSD2 Marketplace creates maximum transparency on offered PSD2 products and services, and their (unique) value-added in the PSD2 ecosystem. In addition, PSD2 Marketplace continuously provides all parties in the (European) PSD2 ecosystem with the latest news and insights.
The PSD2 Marketplace connects consumers and businesses to relevant PSD2 solutions in the market, and therefore fulfills a matchmaking role.
You can access the PSD2 Marketplace at www.psd2marketplace.eu.
