One leg payment: Difference between revisions
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Latest revision as of 14:19, 26 February 2020
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.
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 payments.