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🇪🇺EUNational transposition

Payment Services Directive 2.

PSD2 regulates payment services in the EU, mandating Strong Customer Authentication (SCA), open banking via APIs, and consumer protection for electronic payments.

Maximum penalty

Member state specific penalties

Source: National transposition

Key requirements

Strong Customer Authentication (SCA)

Open banking API access for TPPs

Transaction monitoring for fraud

Consumer liability limits (€50 max)

+2 more requirements in the complete guide.

Get the full PSD2 compliance guide →

Enforcement examples

Multiple PSPs across EU

SCA enforcement actions increasing across member states

Various

2024

How Tessera automates PSD2 compliance

SCA compliance monitoring

Open banking API security validation

Transaction fraud monitoring evidence

PSD2 incident reporting workflow

PSD2 compliance checklist

Essential steps to achieve and maintain PSD2 compliance.

1

Implement Strong Customer Authentication

2

Provide API access to licensed TPPs

3

Deploy transaction monitoring for fraud

+2 more steps in the full checklist.

Get your complete PSD2 compliance checklist - free →

Industries affected

Financial ServicesCrypto & FinTechE-Commerce

Calculate your PSD2 exposure.

See exactly how PSD2 penalties apply to your revenue and industry profile.