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RETAILERS TO BENEFIT AS BANKS OPEN NETWORKS

RETAILERS TO BENEFIT AS BANKS OPEN NETWORKS

Retail companies could become the new face of everyday financial transactions post-PSD2. PSD2 requires banks to grant third-party providers – such as retail merchants – access to a consumer’s online account/payment services in a regulated and secure way, with the consumer’s consent. The goal is to drive increased competition, innovation and transparency across the European [...]

The post RETAILERS TO BENEFIT AS BANKS OPEN NETWORKS appeared first on Payments Cards & Mobile.

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