PSD

The Payment Services Directive is the European regulation which will harmonize the behaviours, obligations and responsibilities of the Payment Services Providers (PSP) in the EU/EEA countries, as regards all the payment products.

The Payment Services Directive imposes the banks and operators of the payment sector the exigence to renew processes and contracts and to introduce the necessary to the compliance adjustment.
 
Besides short-terms interventions, the PSD opens the basic subjects, with middle and long-term impacts.
Beginning with the control of the elaborative chains appears the opportunity to rationalize the processes and systems in order to increase the competitiveness.

 

 

TAS supports its customers in order to help them to reach:

• Compliance, as regards the adjustment of the present and future exigences
• Control, through the improvement of the traceability and monitoring of the payments processing
• Competitiveness, by optimizing the efficiency and performance, by rationalizing the payment systems and simplifying the elaborative chains.

For more information:

Official Gazette of the Italian Republic

• March 1, 2010 - Publication of the legislative measure acknowledgement for Legislative Decree 2007/64/EC - PSD and " Supervision provisions for payment institutions " (Italian version)

• February 13, 2010 - Decree Law of January 2010, n. 11 - Implementation of Directive 2007/64/EC on Payment Services in the Internal Market (Italian version)

Bank of Italy

• February 15, 2010 - Supervision provisions for payment institutions (Italian version)

• December 2008 - The new EU regulatory framework for payment services. First reflections (Italian version)

European Commission

• Directive on Payment Services (PSD)

 

In Depth

Solutions in evidence