Compliance with PSD2 is required in two phases (Exhibit 1). Pillar I (transparency) became effective upon the directive’s transposition into national law on January 13, 2018. The anticipated implementation date for Pillars 2 and 3 is the third quarter of 2019, 18 months after the...
Enforcement Dates: Pillar One became effective January 13, 2018. Pillars Two and Three became operational September 14, 2019. New Measures: To prevent ever-evolving fraud methods, in September of 2019, PSPs such as 2Checkout had to provide extra security to implement SCA and further protect co...