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The European Commission (EC) published its study on the impact of the Payments Service Directive 2 (PSD2) on 2 February 2023. This is the most recent development in the EC’s mandatory review process aimed at reflecting on the achievements, shortcomings and impact since PSD2 entered into force in 2016. Various organisations were asked for ...
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There are a growing number of request-to-pay (RTP) use cases, beyond the popular P2P transactions. This article looks at the differences between the two most prominent models: SEPA RTP (SRTP) and Open RTP (ORTP). With the future for RTP propositions being somewhat unclear now that both models are co-existing, we examine three possible hig...
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