On 13 April 2022, the European Banking Authority (EBA) published a new series of questions and answers (Q&As) relating to PSD2[1].
The new Q&As address:
- contactless payments
- batch payments, i.e. the possibility of ordering bulk payments through payment transaction initiation service providers
- exemption on the use of strong customer authentication pursuant to Article 10 of RTS 2018/389[2]
- grounds for account information service providers to block access of payment service providers to user’s payment account
The new Q&As are available on EBA’s website at https://www.eba.europa.eu/single-rule-book-qa.
[1] Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (Text with EEA relevance)
[2] Commission Delegated Regulation (EU) 2018/389 of 27 November 2017 supplementing Directive (EU) 2015/2366 of the European Parliament and of the Council with regard to regulatory technical standards for strong customer authentication and common and secure open standards of communication (Text with EEA relevance)