One-leg-out payment and One leg payment: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''Payment Services Directive 2 (PSD2)''.
''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).
A one leg 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.
Also known as 'one-leg-out' 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.
<span style="color:#4B0082">'''''Transparency and cost'''''</span>
 
:"PSD2 is set to bring improved transparency, as payments going out of the EU will be required to have transparency on cost, opening the way to better management of one-leg-out payments."
 
:''The Treasurer magazine, August 2018, p15.''
 




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* [[Single Euro Payments Area]]
* [[Single Euro Payments Area]]


[[Category:Compliance_and_audit]]
 
 
===Other links===
[http://www.treasurers.org/node/10186?utm_source=Communicator&utm_medium=Email&utm_content=Untitled13&utm_campaign=Monthly+Newsletter+-+June+2014: EACT position paper on PSD2]
 
[[Category:Cash_management]]

Revision as of 18:49, 5 October 2018

Payment Services Directive 2 (PSD2).

A one leg payment is one where only one of two payment service providers involved is located in the European Union (EU).

Also known as 'one-leg-out' payments.


Transparency and cost

"PSD2 is set to bring improved transparency, as payments going out of the EU will be required to have transparency on cost, opening the way to better management of one-leg-out payments."
The Treasurer magazine, August 2018, p15.


See also


Other links

EACT position paper on PSD2