We are almost sure that you make purchases both in e-commerce and in person. And what’s even better, when you see that online commerce allows you to pay with Bizum you always choose this option because it’s fast, simple and secure. <\/p>\n\n
And, as part of your trust in Bizum is because you know that it is a very secure<\/strong> service, we want to tell you in more detail about the PSD2 regulation and all the security guarantees behind each transaction with Bizum, based on PSD2 payment services.<\/p>\n\n PSD2(Payment Services Providers<\/em>) is the European Directive that regulates electronic payment services in the European Union since 2013. It is an evolution of the PSD<\/strong> (Payment Service Providers)<\/em>, the first Payment Services Directive<\/strong> back in 2007, which was revised by the European Commission<\/strong>, thus giving rise to the PSD2 regulation that improves consumer protection, boosts competition and innovation in the sector and reinforces transaction security<\/strong>. <\/p>\n\n In this way, the PSD2 payment services regulation not only increases confidence in Europe, but also makes it possible to organize the adaptation of banking services to new technologies<\/strong>. This has led to the official recognition of APIs <\/strong>(Application Programming Interfaces)<\/em> in the various financial sectors. <\/p>\n\n One of the innovations of the PSD2 regulation is the StrongCostumer Authentication<\/em>(SCA) that reinforces the protection of online purchases. This means that this new security requirement of the PSD2 payment service requires the person making the payment to use at least two of these three authentication factors<\/strong> in their banking transactions: <\/p>\n\nWhat is PSD2 and how does it protect me?<\/strong><\/h2>\n\n
Two-factor authentication through the PSD2 payment service.<\/strong><\/h3>\n\n