Analysis and Studies - Studies

PSD2: The unnoticed end of an epoch

"PSD2? Never heard of it! Despite a one-and-a-half year lead time and broad media coverage, the new EU Payment Services Directive PSD2 and its effects are not at all present among many German consumers: According to a representative online survey commissioned by the information service provider CRIFBÜRGEL, 59 percent of the respondents had never heard of the second Payment Services Directive (PSD2) in August 2019. The remaining 41 percent knew the term, but only 7 percent of those surveyed knew what it meant.