PSD2

PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union.

Related definitions

The SEPA comprises 36 member countries: the 28 countries of the European Union, the 5 European micro-states, …

The BIC (Bank Identifier Code) is used to identify a financial institution in any international financial transaction. Each financial institution…

SaaS stands for Software As A Service. SaaS is a cloud-based service. When a software is available in SaaS mode,

SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them

Stands for Unique mandate reference (UMR). It is a unique number enabling the identification of a direct debit mandate. The

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