PSD2 — Directive (EU) 2015/2366
Payment services in the internal market, including strong customer authentication.
What we read it for
The act behind how a payment on the platform is authenticated and who may see the fields around it.
Identity
| Type | Directive |
| Identifier | EU 2015/2366 |
| CELEX | 32015L2366 |
| Adopted | 2015-11-25 |
| In force | 2016-01-12 |
| Transposition deadline | 2018-01-13 |
117 articles in the base act
Structure
The chapter structure of this act is not read into the register yet. The official text carries it.
Articles
117 articles are read into the register, one address each.
- 1 · Subject matter
- 2 · Scope
- 3 · Exclusions
- 4 · Definitions
- 5 · Applications for authorisation
- 6 · Control of the shareholding
- 7 · Initial capital
- 8 · Own funds
- 9 · Calculation of own funds
- 10 · Safeguarding requirements
- 11 · Granting of authorisation
- 12 · Communication of the decision
- 13 · Withdrawal of authorisation
- 14 · Registration in the home Member State
- 15 · EBA register
- 16 · Maintenance of authorisation
- 17 · Accounting and statutory audit
- 18 · Activities
- 19 · Use of agents, branches or entities to which activities are outsourced
- 20 · Liability
- 21 · Record-keeping
- 22 · Designation of competent authorities
- 23 · Supervision
- 24 · Professional secrecy
- 25 · Right to apply to the courts
- 26 · Exchange of information
- 27 · Settlement of disagreements between competent authorities of different Member States
- 28 · Application to exercise the right of establishment and freedom to provide services
- 29 · Supervision of payment institutions exercising the right of establishment and freedom to provide services
- 30 · Measures in case of non-compliance, including precautionary measures
- 31 · Reasons and communication
- 32 · Conditions
- 33 · Account information service providers
- 34 · Notification and information
- 35 · Access to payment systems
- 36 · Access to accounts maintained with a credit institution
- 37 · Prohibition of persons other than payment service providers from providing payment services and duty of notification
- 38 · Scope
- 39 · Other provisions in Union law
- 40 · Charges for information
- 41 · Burden of proof on information requirements
- 42 · Derogation from information requirements for low-value payment instruments and electronic money
- 43 · Scope
- 44 · Prior general information
- 45 · Information and conditions
- 46 · Information for the payer and payee after the initiation of a payment order
- 47 · Information for payer’s account servicing payment service provider in the event of a payment initiation service
- 48 · Information for the payer after receipt of the payment order
- 49 · Information for the payee after execution
- 50 · Scope
- 51 · Prior general information
- 52 · Information and conditions
- 53 · Accessibility of information and conditions of the framework contract
- 54 · Changes in conditions of the framework contract
- 55 · Termination
- 56 · Information before execution of individual payment transactions
- 57 · Information for the payer on individual payment transactions
- 58 · Information for the payee on individual payment transactions
- 59 · Currency and currency conversion
- 60 · Information on additional charges or reductions
- 61 · Scope
- 62 · Charges applicable
- 63 · Derogation for low value payment instruments and electronic money
- 64 · Consent and withdrawal of consent
- 65 · Confirmation on the availability of funds
- 66 · Rules on access to payment account in the case of payment initiation services
- 67 · Rules on access to and use of payment account information in the case of account information services
- 68 · Limits of the use of the payment instrument and of the access to payment accounts by payment service providers
- 69 · Obligations of the payment service user in relation to payment instruments and personalised security credentials
- 70 · Obligations of the payment service provider in relation to payment instruments
- 71 · Notification and rectification of unauthorised or incorrectly executed payment transactions
- 72 · Evidence on authentication and execution of payment transactions
- 73 · Payment service provider’s liability for unauthorised payment transactions
- 74 · Payer’s liability for unauthorised payment transactions
- 75 · Payment transactions where the transaction amount is not known in advance
- 76 · Refunds for payment transactions initiated by or through a payee
- 77 · Requests for refunds for payment transactions initiated by or through a payee
- 78 · Receipt of payment orders
- 79 · Refusal of payment orders
- 80 · Irrevocability of a payment order
- 81 · Amounts transferred and amounts received
- 82 · Scope
- 83 · Payment transactions to a payment account
- 84 · Absence of payee’s payment account with the payment service provider
- 85 · Cash placed on a payment account
- 86 · National payment transactions
- 87 · Value date and availability of funds
- 88 · Incorrect unique identifiers
- 89 · Payment service providers’ liability for non-execution, defective or late execution of payment transactions
- 90 · Liability in the case of payment initiation services for non-execution, defective or late execution of payment transactions
- 91 · Additional financial compensation
- 92 · Right of recourse
- 93 · Abnormal and unforeseeable circumstances
- 94 · Data protection
- 95 · Management of operational and security risks
- 96 · Incident reporting
- 97 · Authentication
- 98 · Regulatory technical standards on authentication and communication
- 99 · Complaints
- 100 · Competent authorities
- 101 · Dispute resolution
- 102 · ADR procedures
- 103 · Penalties
- 104 · Delegated acts
- 105 · Exercise of the delegation
- 106 · Obligation to inform consumers of their rights
- 107 · Full harmonisation
- 108 · Review clause
- 109 · Transitional provision
- 110 · Amendments to Directive 2002/65/EC
- 111 · Amendments to Directive 2009/110/EC
- 112 · Amendments to Regulation (EU) No 1093/2010
- 113 · Amendment to Directive 2013/36/EU
- 114 · Repeal
- 115 · Transposition
- 116 · Entry into force
- 117 · Addresses
Language versions
EUR-Lex publishes the act in every official language. These are the direct addresses for the languages this site is written in.
Norwegian is not an official EU language. Norwegian readers use the national register.
National law
One line per country. A line exists only when a primary source has been read; otherwise the national register is linked instead.
| National law | Identifier | Official text |
|---|---|---|
| Sweden: Lag om betaltjänster | SFS 2010:751 | Official text |
| Finland: Maksupalvelulaki | 290/2010 | Official text |
| Germany: Zahlungsdiensteaufsichtsgesetz | ZAG | Official text |
| United Kingdom: The Payment Services Regulations 2017 | SI 2017/752 | Official text |
| Norway: Lov om finansavtaler (finansavtaleloven) | LOV-2020-12-18-146 | Official text |
| Denmark: Lov om betalinger | LOV nr 652 af 08/06/2017 | Official text |
National implementing measures on EUR-Lex
Supervision
Official text
EU acts, read down to the national law
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Machine-readable summaries for AI agents: /llms.txt and /llms-full.txt.
