Payment Services Directive 2: Creating Opportunities and Driving Innovation through Regulatory Reform

by PaymentsJournal 0

The global payments industry has witnessed phenomenal growth over the last couple of decades. Significant technological advances have resulted in the entry of non-traditional players, like payment service providers (PSPs), into the ecosystem. Regulators across the globe felt the need to control the payments landscape because of the rise in the volume of business as well as the number of players.

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