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Retailers to benefit as banks open networks in compliance with new payments regulations
Retail companies could become the new face of everyday financial transactions once the Revised Payments Services Directive, known as PSD2, goes into effect in the European Union in January. 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, [...]
The post Retailers to benefit as banks open networks in compliance with new payments regulations appeared first on Payments Cards & Mobile.
