Position paper - Payment Services Regulation (PSR), Payment Services Directive (PSD3)

The European Commission published its proposals for a Payment Services Regulation (PSR) and the third Payment Services Directive (PSD3) to reflect on the changes of the payment services market. For these to become successful, policymakers should prioritise a more outcome-based approach, creating space for the industry to innovate and enhance the consumer experience - all while maintaining strong emphasis on fraud prevention. It is crucial to ensure a future-proof framework for the complex and interdependent payments ecosystem.

Read more about how the proposals can be improved.