PSD2 FACTS: ONE LEG (OUT) TRANSACTIONS – WHAT DOES IT REALLY MEAN?
There seems to be a general misconception on PSD2’s introduction of the positive scope of so-called ‘one leg out’ or ‘one leg’ transactions and what it seems to imply. Often people are discussing the extra-territorial scope of PSD2, meaning that payment service providers (PSP) outside the EEA, processing a payment for an EU consumer at…