One-leg-out payment: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Categorise.) |
imported>Doug Williamson (Updated quote to text and removed out of date link.) |
||
Line 6: | Line 6: | ||
PSD2 sets out improved transparency: payments going out of the EU are required to have transparency on cost, opening the way to better management of one-leg-out payments. | |||
Line 21: | Line 16: | ||
* [[PSD2]] | * [[PSD2]] | ||
* [[Single Euro Payments Area]] | * [[Single Euro Payments Area]] | ||
[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] |
Latest revision as of 12:04, 26 February 2020
Payment Services Directive 2 (PSD2).
A one-leg-out payment is one where only one of two payment service providers involved is located in the European Union (EU).
Also known as 'one leg' payments.
PSD2 sets out improved transparency: payments going out of the EU are required to have transparency on cost, opening the way to better management of one-leg-out payments.