top of page
Search

Beyond Compliance: The Legal Framework of PSD3 and PSR and the Future of Payments - PART 2

3. The Scope and Impact of PSD3


PSD3 is designed to:

  • Modernize Payment Services: Facilitating secure, faster, and more efficient payment processes across the EU

  • Enhance Consumer Protection: Ensuring that consumers’ rights are protected in every transaction, and providing clearer avenues for dispute resolution

  • Foster Innovation: Encouraging the development of new financial products and services, especially in the realm of open banking

      Want to read more?

      Subscribe to cypruscomplianceassociation.org to keep reading this exclusive post.

       
       
       
      bottom of page