PSD2 made easy: A quick guide to the clear choice for marketplaces

PSD2 guide marketplaces
Andrea Seamands
Andrea Seamands

Content Writer

Explore your options

The revised Payment Services Directive (PSD2) will soon come into effect across the European Economic Area (EEA), bringing with it a long list of changes to how online transactions are handled.

If you run an online marketplace, now you have two options to choose from. Either you apply to operate as a licensed payment institution or streamline control of your funds to one. So, what do these options look like?

Take a look at the infographic below:

PSD2 guide marketplaces

The choice is up to you

Overall, PSD2 is an opportunity for merchants, banks and acquirers to really embrace the idea of a truly open marketplace, with transparency for all. Instead of drowning in paperwork and legal processes, you can opt to work with a payment service provider (PSP) and streamline your compliance with the new legislation – it’s that easy.

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