◷
New version applies from 08/04/2024 — introduced by Regulation (EU) 2024/886.
102 provisions change.
Later versions: 17/01/2025.
Payment Services Directive (PSD2)
23/12/2015 → 12/01/2016: 0 inserted · 0 removed · 101 amended · 0 moved · 1 renamed · 132 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
Preamble · 1 unchanged
Recitals
Recitals · 113 unchanged
Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21 · Recital 22 · Recital 23 · Recital 24 · Recital 25 · Recital 26 · Recital 27 · Recital 28 · Recital 29 · Recital 30 · Recital 31 · Recital 32 · Recital 33 · Recital 34 · Recital 35 · Recital 36 · Recital 37 · Recital 38 · Recital 39 · Recital 40 · Recital 41 · Recital 42 · Recital 43 · Recital 44 · Recital 45 · Recital 46 · Recital 47 · Recital 48 · Recital 49 · Recital 50 · Recital 51 · Recital 52 · Recital 53 · Recital 54 · Recital 55 · Recital 56 · Recital 57 · Recital 58 · Recital 59 · Recital 60 · Recital 61 · Recital 62 · Recital 63 · Recital 64 · Recital 65 · Recital 66 · Recital 67 · Recital 68 · Recital 69 · Recital 70 · Recital 71 · Recital 72 · Recital 73 · Recital 74 · Recital 75 · Recital 76 · Recital 77 · Recital 78 · Recital 79 · Recital 80 · Recital 81 · Recital 82 · Recital 83 · Recital 84 · Recital 85 · Recital 86 · Recital 87 · Recital 88 · Recital 89 · Recital 90 · Recital 91 · Recital 92 · Recital 93 · Recital 94 · Recital 95 · Recital 96 · Recital 97 · Recital 98 · Recital 99 · Recital 100 · Recital 101 · Recital 102 · Recital 103 · Recital 104 · Recital 105 · Recital 106 · Recital 107 · Recital 108 · Recital 109 · Recital 110 · Recital 111 · Recital 112 · Recital 113
Title I - SUBJECT MATTER, SCOPE AND DEFINITIONS
- amended Article 1 - Subject matter Title I
- amended Article 2 - Scope Title I
- amended Article 3 - Exclusions Title I
- amended Article 4 - Definitions Title I
Title II - PAYMENT SERVICE PROVIDERS
- amended Article 5 - Applications for authorisation Title II › Chapter 1 › Section 1
- amended Article 6 - Control of the shareholding Title II › Chapter 1 › Section 1
- amended Article 7 - Initial capital Title II › Chapter 1 › Section 1
- amended Article 8 - Own funds Title II › Chapter 1 › Section 1
- amended Article 9 - Calculation of own funds Title II › Chapter 1 › Section 1
- amended Article 10 - Safeguarding requirements Title II › Chapter 1 › Section 1
- amended Article 11 - Granting of authorisation Title II › Chapter 1 › Section 1
- amended Article 13 - Withdrawal of authorisation Title II › Chapter 1 › Section 1
- amended Article 14 - Registration in the home Member State Title II › Chapter 1 › Section 1
- amended Article 15 - EBA register Title II › Chapter 1 › Section 1
- amended Article 17 - Accounting and statutory audit Title II › Chapter 1 › Section 1
- amended Article 18 - Activities Title II › Chapter 1 › Section 1
- amended Article 19 - Use of agents, branches or entities to which activities are outsourced Title II › Chapter 1 › Section 2
- amended Article 20 - Liability Title II › Chapter 1 › Section 2
- amended Article 22 - Designation of competent authorities Title II › Chapter 1 › Section 3
- amended Article 23 - Supervision Title II › Chapter 1 › Section 3
- amended Article 24 - Professional secrecy Title II › Chapter 1 › Section 3
- amended Article 25 - Right to apply to the courts Title II › Chapter 1 › Section 3
- amended Article 26 - Exchange of information Title II › Chapter 1 › Section 3
- amended Article 27 - Settlement of disagreements between competent authorities of different Member States Title II › Chapter 1 › Section 3
- amended Article 28 - Application to exercise the right of establishment and freedom to provide services Title II › Chapter 1 › Section 3
- amended Article 29 - Supervision of payment institutions exercising the right of establishment and freedom to provide services Title II › Chapter 1 › Section 3
- amended Article 30 - Measures in case of non-compliance, including precautionary measures Title II › Chapter 1 › Section 3
- amended Article 31 - Reasons and communication Title II › Chapter 1 › Section 3
- amended Article 32 - Conditions Title II › Chapter 1 › Section 4
- amended Article 33 - Account information service providers Title II › Chapter 1 › Section 4
- amended Article 35 - Access to payment systems Title II › Chapter 2
- amended Article 37 - Prohibition of persons other than payment service providers from providing payment services and duty of notification Title II › Chapter 2
Title II · 5 unchanged
Article 12 · Article 16 · Article 21 · Article 34 · Article 36
Title III - TRANSPARENCY OF CONDITIONS AND INFORMATION REQUIREMENTS FOR PAYMENT SERVICES
- amended Article 38 - Scope Title III › Chapter 1
- amended Article 40 - Charges for information Title III › Chapter 1
- amended Article 42 - Derogation from information requirements for low-value payment instruments and electronic money Title III › Chapter 1
- amended Article 43 - Scope Title III › Chapter 2
- amended Article 44 - Prior general information Title III › Chapter 2
- amended Article 45 - Information and conditions Title III › Chapter 2
- amended Article 46 - Information for the payer and payee after the initiation of a payment order Title III › Chapter 2
- amended Article 48 - Information for the payer after receipt of the payment order Title III › Chapter 2
- amended Article 49 - Information for the payee after execution Title III › Chapter 2
- amended Article 51 - Prior general information Title III › Chapter 3
- amended Article 52 - Information and conditions Title III › Chapter 3
- amended Article 54 - Changes in conditions of the framework contract Title III › Chapter 3
- amended Article 55 - Termination Title III › Chapter 3
- amended Article 56 - Information before execution of individual payment transactions Title III › Chapter 3
- amended Article 57 - Information for the payer on individual payment transactions Title III › Chapter 3
- amended Article 58 - Information for the payee on individual payment transactions Title III › Chapter 3
- amended Article 59 - Currency and currency conversion Title III › Chapter 4
- amended Article 60 - Information on additional charges or reductions Title III › Chapter 4
Title III · 5 unchanged
Article 39 · Article 41 · Article 47 · Article 50 · Article 53
Title IV - RIGHTS AND OBLIGATIONS IN RELATION TO THE PROVISION AND USE OF PAYMENT SERVICES
- amended Article 61 - Scope Title IV › Chapter 1
- amended Article 62 - Charges applicable Title IV › Chapter 1
- amended Article 63 - Derogation for low value payment instruments and electronic money Title IV › Chapter 1
- amended Article 64 - Consent and withdrawal of consent Title IV › Chapter 2
- amended Article 65 - Confirmation on the availability of funds Title IV › Chapter 2
- amended Article 66 - Rules on access to payment account in the case of payment initiation services Title IV › Chapter 2
- amended Article 67 - Rules on access to and use of payment account information in the case of account information services Title IV › Chapter 2
- amended Article 68 - Limits of the use of the payment instrument and of the access to payment accounts by payment service providers Title IV › Chapter 2
- amended Article 69 - Obligations of the payment service user in relation to payment instruments and personalised security credentials Title IV › Chapter 2
- amended Article 70 - Obligations of the payment service provider in relation to payment instruments Title IV › Chapter 2
- amended Article 71 - Notification and rectification of unauthorised or incorrectly executed payment transactions Title IV › Chapter 2
- amended Article 72 - Evidence on authentication and execution of payment transactions Title IV › Chapter 2
- amended Article 73 - Payment service provider’s liability for unauthorised payment transactions Title IV › Chapter 2
- amended Article 74 - Payer’s liability for unauthorised payment transactions Title IV › Chapter 2
- amended Article 75 - Payment transactions where the transaction amount is not known in advance Title IV › Chapter 2
- amended Article 76 - Refunds for payment transactions initiated by or through a payee Title IV › Chapter 2
- amended Article 77 - Requests for refunds for payment transactions initiated by or through a payee Title IV › Chapter 2
- amended Article 78 - Receipt of payment orders Title IV › Chapter 3 › Section 1
- amended Article 79 - Refusal of payment orders Title IV › Chapter 3 › Section 1
- amended Article 80 - Irrevocability of a payment order Title IV › Chapter 3 › Section 1
- amended Article 81 - Amounts transferred and amounts received Title IV › Chapter 3 › Section 1
- amended Article 82 - Scope Title IV › Chapter 3 › Section 2
- amended Article 83 - Payment transactions to a payment account Title IV › Chapter 3 › Section 2
- amended Article 87 - Value date and availability of funds Title IV › Chapter 3 › Section 2
- amended Article 88 - Incorrect unique identifiers Title IV › Chapter 3 › Section 3
- amended Article 89 - Payment service providers’ liability for non-execution, defective or late execution of payment transactions Title IV › Chapter 3 › Section 3
- amended Article 90 - Liability in the case of payment initiation services for non-execution, defective or late execution of payment transactions Title IV › Chapter 3 › Section 3
- amended Article 92 - Right of recourse Title IV › Chapter 3 › Section 3
- amended Article 94 - Data protection Title IV › Chapter 4
- amended Article 95 - Management of operational and security risks Title IV › Chapter 5
- amended Article 96 - Incident reporting Title IV › Chapter 5
- amended Article 97 - Authentication Title IV › Chapter 5
- amended Article 98 - Regulatory technical standards on authentication and communication Title IV › Chapter 5
- amended Article 99 - Complaints Title IV › Chapter 6 › Section 1
- amended Article 100 - Competent authorities Title IV › Chapter 6 › Section 1
- amended Article 101 - Dispute resolution Title IV › Chapter 6 › Section 2
- amended Article 102 - ADR procedures Title IV › Chapter 6 › Section 2
- amended Article 103 - Penalties Title IV › Chapter 6 › Section 2
Title IV · 5 unchanged
Article 84 · Article 85 · Article 86 · Article 91 · Article 93
Title V - DELEGATED ACTS AND REGULATORY TECHNICAL STANDARDS
- amended Article 104 - Delegated acts Title V
- amended Article 105 - Exercise of the delegation Title V
- amended Article 106 - Obligation to inform consumers of their rights Title V
Title VI - FINAL PROVISIONS
- amended Article 107 - Full harmonisation Title VI
- amended Article 108 - Review clause Title VI
- amended Article 109 - Transitional provision Title VI
- amended Article 110 - Amendments to Directive 2002/65/EC Title VI
- amended Article 111 - Amendments to Directive 2009/110/EC Title VI
- amended Article 112 - Amendments to Regulation (EU) No 1093/2010 Title VI
- amended Article 113 - Amendment to Directive 2013/36/EU Title VI
- amended Article 115 - Transposition Title VI