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Daily Archives: April 10, 2018

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PSD2 FACTS: ONE LEG (OUT) TRANSACTIONS – WHAT DOES IT REALLY MEAN?

PSD2By Nadja van der VeerApril 10, 20181 Comment

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…

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