The New Psd2 Intends That Phone Number List of Payment Services

Benefit from the advantages offered by innovation and technology, focusing on the security of customer identification and thus guaranteeing that online financial operations are even faster and safer. What aspects are modified with the PSD2 Regulation? The "Second Payment Services Directive" has as its basic principle to guarantee the security in the identification of phone number list  payments, and for this reason, it is mainly based on the idea that the personal and financial information of the clients does not belong to the entities nor to the third companies that come into play in this regulation. The data is exclusively the property of the users and they will be the ones who decide what phone number list to make of their own information and how to manage it vis-à-vis companies. 

Through PSD2, it is intended to offer legislation in accordance with the new factors that have appeared with the evolution of the financial sector and digital transformation. The biggest novelty it offers is the elimination of barriers to electronic phone number list existed until now, giving way to new figures that intervene as providers of payment services and to phone number list the traditional banking entities must open their services. Until now, when a user wanted to pay for a product phone number list service purchased online with a card, the merchant contacted the providers that offered the payment, which, in turn, interacted with the company to which it belongs. the card (for example Visa or Mastercard) to charge the purchase to the corresponding account. New solutions and measures are now offered, such as Open Banking.

Where intermediaries are eliminated from operations and the protection of customer identification is reinforced through Double Authentication.  Let's see all these new figures in detail. New figures that appear in the economic-financial space of the EU phone number list Service Providers in PSD2 Article 1 of RD-Law 19/2018 on payment services and other urgent measures in financial matters, establishes: “ The purpose of this royal decree-law is the regulation of payment services … that are provided on a professional basis in Spanish territory, including the form of provision of said services , the legal regime of payment entities , the transparency regime and information phone number list to the payment services, as well as the respective rights and obligations of both the users of the payment services and their providers.