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Explained: Payment Service Directive 2 (PSD2)

Payment Service Directive 2 (PSD2) is the implementation of a European guideline designed to further harmonize money transfers inside the EU. The ultimate goal of this directive is to simplify payments across borders so that it’s as easy as transferring money within the same country. Since the EU was set up to diminish the borders between its member states, this make sense. The … [Read more...]