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PSD2 SCA: How ready are issuers?

As we know, the revised Payment Services Directive (PSD2) went into effect this past January 1st for many countries across Europe. In an effort to make payments safer, increase consumer protection, and foster innovation and competition throughout the industry (while ensuring a level playing field for all), the payment’s ecosystem was prepped ahead of time of the new regulations. So, the question today is: How truly ready is the payments ecosystem and what is the customer impact?

In referring to the payment’s ecosystem, we include merchants, issuers, credit card networks, access control servers, acquiring processors, and more. However, in this paper, we focus on issuers and their state of preparedness to abide by the revised directive.

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The Payments Association exist to help drive the industry forward. As such the Payments Association may contact you about any future content or events that we think you may have a legitimate interest in. We will store your information securely and will never share your details with third parties other than the relevant resource(s) sponsor(s)/curator(s). You may opt out at any time. By clicking register you are agreeing to the terms of our Privacy Policy.

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Download PSD2 SCA: How ready are issuers?