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What is the Payment Services Directive 2 (PSD2)?

Since 2012, online fraud in the UK has doubled. To tackle this problem,  new  European Union legislation called Payment Services Directive 2 (PSD2 for short) was introduced. A big part of this is Strong Customer Authentication which will be in place from 14 September 2019 to make purchasing online safer and more secure. For more information click here.
 

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