PSD2: A secure approach to the banking of the future
Do you rely on Open Banking? Together with you, we will be implementing PSD2 in a secure manner. A new era of bank transactions will begin in September 2019. You can use our PSD2 certificates to test your interfaces and systems. We are one of the first qualified trust service providers in Europe to supply live certificates.
The Second Payment Services Directive (PSD2) triggers a revolution in electronic payments: from mid-September 2019, banks operating in the EU will be required to provide third-party providers access to accounts in real-time, and to provide an interface (API) that is secured by qualified website certificates (QWACs) for this purpose. In turn, third-party providers must register with their National Competent Authority (NCA)*, and require qualified website certificates or qualified seals (QSEALs) to access the bank accounts.
The live certificates with a PSD2 externsion are now availabe for the market test.
PSD2 for fintechs and banks: the most important information at a glance
Get PSD2-ready and order test certificates today
Bundesdruckerei’s subsidiary D-TRUST now offers live certificates to test the API under real-life conditions and to access real customer accounts. Banks can only avoid an expensive fallback solution if they can prove that they had performed a test phase of at least three months. Third-party providers can test their own systems and the banks’ Interfaces and access real accounts.
More information about the certificates can be found in our FAQs section.
In the spirit of open banking, PSD2 promotes competition in the European financial sector. For users, payment transactions will become more convenient, cheaper and safer. Both banks and payment service providers have to invest more in the security of their digital services.
If you have any questions, please feel free to call our support team at +49 (0) 30 2598-4054 or send an e-mail to support [at] bdr.de.
More useful information about PSD2
What companies, banks and FinTechs need to know to use electronic certificates and seals.
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QWACs and QSEALs for payment service providers.
File size: 716.92 KB