Nocashevents The European body representing the interests of payments service providers for merchants calls for 18-month extension to SCA rules under PSD2

The European body representing the interests of payments service providers for merchants calls for 18-month extension to SCA rules under PSD2

The European trade association (EPSM) fears that the uncoordinated delegation of the migration plan responsibilities to national competent authorities will lead to a very heterogeneous situation within the European Union. Therefore, EPSM recommends that „all regions should agree an additional timeframe of 18 months for standard applications, as well as up to 36 months for challenging applications, such as those in the travel and hospitality sector.”, according to a press release. […]