Surviving the Payment Services Directive sea change

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In November 2009, the Payment Services Directive1 (PSD) will be enacted into legislation and will change the nature of payment processing in Europe for ever. The PSD establishes a ‘level playing field’ across 30 countries, makes it significantly easier for non-credit institutions to offer payment services and further shifts the balance of liability in favour of consumers. It also fundamentally changes the way in which payment services are delivered: radically affecting technical architectures, operating models, product design and business processes.

Leading organisations have already established a range of strategies to anticipate and leverage these changes. Clear blue water is emerging, particularly since the financial implications can vary by up to 100 times between organisations.

For copies, please contact:
Russell Bishop
Marketing executive
London
Tel: +44 (20) 7213 3921