Payment systems & IT
Payment Services Directive (1)
FAQ on the Law of 11 November 2009 on Payment Services
Introduction
The Luxembourg law transposing the payment services directive (PSD) entered into force on 1 November 2009 and provides the legal and operational framework for the creation of a single market for payments within the European Economic Area (the EEA is the EU, together with Iceland, Liechtenstein and Norway).
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