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PSD2 FAQs

Following the introduction of the second Payment Services Directive (PSD2), there are changes in the way clients validate their online payments. This is referred to as ‘Strong Customer Authentication’ (in short SCA) which is a concept that aims to meet the needs of clients without lowering security standards. Read on to discover answers to some of the frequently asked questions regarding PSD2 and SCA.

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PSD2

The revised Payment Services Directive PSD2 came into effect in 2018, the implications of which have been wide reaching for both, banks and corporates alike.