Open Banking - YAPPi
European Parliament adopted the European Commission proposal to create safer and more innovative European payments (PSD2). The new rules aim to better protect consumers when they pay online, promote the development and use of innovative online and mobile payments, and make cross-border European payment services safer
It continues to distinguish between six categories of PSP, namely
(i) credit institutions; (ii) electronic money institutions; (iii) post office giro institutions; (iv) payment institutions; (v) the European Central Bank and national banks; and (vi) Member States or their regional or local authorities, when not acting in their capacity as monetary authorities or other public authorities.
This is should be a prospective customer's number one call to action, e.g., requesting a quote or perusing your product catalog.