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The Revised Payment Services Directive (PSD2, Directive (EU) 2015/2366, [1] which replaced the Payment Services Directive (PSD), Directive 2007/64/EC [2]) is an EU Directive, administered by the European Commission (Directorate General Internal Market) to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA).
In the European Union, an Electronic Money Institution can be licensed in any country member but can act and provide services in all EU and EEA countries. [6] The legal basis for e-money issuance in the European Union is covered by EU Directive 2009/110/EC, on the taking up, pursuit and prudential supervision of the business of electronic money institutions establishes, issued by the European ...
The E-Money Directive or the electronic money directive (2009/110/EC, originally 2000/46/EC) regulates electronic payment systems in the European Union.The aim is to enable new and secure electronic money services and to foster effective competition between all market participants.
The following is a list of notable online payment ... United States, Europe: ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
The European Payments Initiative (EPI) announced its intention to launch Wero, its wallet-based payment method in Germany in mid-2024, followed by France and Belgium later in that year and the Netherlands in 2025. The rest of Europe will follow in subsequent years.
The European Commission's Payment Services Directive (PSD) regulates payment services and payment service providers throughout the European Union (EU) and European Economic Area. The PSD describes which types of organisation can provide payment services in Europe: credit institutions (i.e. banks), certain authorities (e.g. central banks ...
Paysafe Limited (NYSE:PSFE) has obtained approval from the Central Bank of Brazil for a payment institution license for the country’s launch of its regulated online sports-betting and gambling ...
A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers , and those who accept them, i.e. retailers .