Search: PSD2
RBA Glossary definition for PSD2
PSD2 – Second Payment Services Directive
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REVIEW OF RETAIL PAYMENTS REGULATION: ISSUES PAPER
12 Feb 2020
DOCX
55KB
The PSD2 legal framework creates an ‘overlay’ on top of traditional banking systems. ... Rather than plugging into the UK equivalent of the NPP, PSD2 enables TrueLayer and other third parties to ‘instruct’ banks.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/truelayer.DOCX