Term
What is PSD2? Meaning and explanation
PSD2 is the European Payment Services Directive that, among other things, lets software fetch bank transactions with the account holder's consent.
Definition
PSD2 is the European Payment Services Directive that, among other things, lets software fetch bank transactions with the account holder's consent.
Also known as: PSD2, Payment Services Directive 2, Tweede Betaaldienstenrichtlijn
It underpins most modern bank feeds. Autoboeker does not connect to banks itself but uses bank lines arriving through the accounting software's feed.
Further reading
Related in the knowledge base.
Glossary
Platform
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