Skip to main content
Finance

Targeted consultation on the review of the revised payment services Directive (PSD2)

About this consultation

Consultation period

10 May 2022 - 5 July 2022 (midnight Brussels time)

Topics

Financial services, consumer finance, payments

Departments

Target group

The targeted consultation will gather input from more professional stakeholders. Views are welcome in particular from individuals and organisations (e.g. interest groups, member associations and representative bodies) that have more in-depth (technical) knowledge and/or (working) experience in the field of payments, such as PSPs, national- and EU authorities and –regulators, payment experts etc. There is an ongoing public consultation on PSD2 as well.

Objective of the consultation

The digital finance strategy and the retail payments strategy announced the launch of a comprehensive review of the application and impact of Payment Services Directive II (PSD2) to assess whether legislation remains fit for purpose.

The present consultation will inform the Commission on the application and impact of PSD2 taking into consideration, among others, developments in the payment market, payment user needs and the need for possible amendments. The targeted consultation will allow the stakeholders with more in-depth and technical knowledge to share their views and thereby support the assessment and enable the Commission to decide whether EU coordinated action and/or policy measures are warranted.

How to submit your response

Please note that in order to ensure a fair and transparent consultation process responses should be submitted through the online questionnaire.

Consultation outcome

Contributions to the consultation

  • 18 AUGUST 2022
Received contributions: Targeted consultation - Review of the revised payment services Directive (PSD2)
  • 18 AUGUST 2022
Documents annexed to received contributions: Targeted consultation - Review of the revised payment services Directive (PSD2)

Reference documents

  • 10 MAY 2022
Consultation document: Review of the revised payment services Directive (PSD2)
  • 10 MAY 2022
Specific privacy statement: Review of the revised payment services Directive (PSD2)

Payment services

Contact

fisma-psd2-reviewatec [dot] europa [dot] eu (Contact email address: fisma-psd2-review[at]ec[dot]europa[dot]eu)