PSD II - basic information

On 14 September 2019, the provisions of PSD 2, a EU directive on payment services, come into effect. The directive will significantly influence the shape of the payment services market, operations of banks and payment institutions and will improve the security of transactions.



Q&A

1. I AM A CONSUMER. WHAT WILL CHANGE FOR ME?

The way of logging in to online banking (banks should have already sent an appropriate notice) and payment authorization (e.g. traditional transfers, card payments, fast transfers).

2. I AM A PARTNER OF PRZELEWY24. WHAT WILL CHANGE FOR ME?

Przelewy24 is ready for PSD 2 and has implemented necessary solutions. At the same time, Przelewy24 as a licensed Third Party Provider is working on innovative services based on open banking.

3. DO I HAVE TO IMPLEMENT ANYTHING ON MY END?

We invariably recommend using the latest versions of plugins and documentation provided by Przelewy24.

4. COULD THERE BE PROBLEMS?

Because the way of logging in to the majority of Polish online banking sites will change, some services may be temporarily unavailable due to maintenance works.

5. WHERE TO LOOK FOR INFORMATION?

Information on maintenance breaks and unavailability of banking services is best obtained by calling the information line of a given bank.



Przelewy24 Team

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