One-leg-out payment

From ACT Wiki
Revision as of 14:43, 8 August 2018 by imported>Doug Williamson (Categorise.)
Jump to navigationJump to search

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).

Also known as 'one leg' 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