The term PSD2 stands for the EU's second payment services directive. This initiative have been done by the European Union to make the levels of modern banking safe and reliable.
The trend of online payments is increasing as the days are passing by. It is an advancement for the people in today’s date. With the help of online payments or transactions, you do not have to stand in a long queue or go out of your home.
But some people still have
doubts regarding the online payments or mobile payments procedure. As
many cases involve fraudulent activities and more. Hence, for such
reasons PSD2 fraud prevention is getting a lot of hype.
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