Summary

This regulation modernizes the EU’s payment framework through amendments designed to enhance payment market functionality. Key changes include: combating payment fraud, granting non-bank PSPs access to EU systems with safeguards and banking rights, boosting open banking performance and consumer control, strengthening enforcement powers, improving consumer information and cash availability, and unifying electronic money and payment service regulations. The regulation establishes uniform requirements for transparency and clarifies the rights and obligations of both users and providers within the payment and electronic money service sectors.

Title

Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR) | Updates and Insights

Description

Learn about the latest developments in the Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR), their impact on EU and non-EU entities, compliance requirements, and implementation timelines.

Keywords

payment, services, service, providers, system, risk, regulation, rules, european, systems, directive, information, access, fraud, union, commission, payments

NS Lookup

A 217.26.53.20

Dates

Created 2026-03-09

Updated 2026-03-09

Summarized 2026-03-11