The implications of the Payment Services Directive and the Second E-Money Directive

Author: Courtneidge Robert  

Publisher: Henry Stewart Publications

ISSN: 1750-1806

Source: Journal of Payments Strategy & Systems, Vol.6, Iss.3, 2012-01, pp. : 219-224

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Abstract

The Payment Services Directive has been in force since 10th October, 2009, and the Second E-Money Directive came into force across all EU States on 30th April, 2011. This paper looks at the implications of the new legislation and considers how, when and what effects will be felt in the industry.