One-leg-out payment

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.

See also

• European Union
• Payment service provider
• Payment Services Directive
• Payments and payment systems
• PSD2
• Single Euro Payments Area