One-leg-out payment

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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.

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.

See also