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PSD Part 1: Definition, Mechanism and Scope

PSD Part 1: Definition, Mechanism and Scope

by Robert Tripp | Aug 21, 2007 | Articles, Gateways to the Banking Industry, General

The diagram below illustrates the relation between the PSD and other initiatives such as SEPA , EC2560 and UK Faster Payments. As can be seen it is broader in scope than any of these ideas; indeed it forms the overarching legal framework for virtually all payments...

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