PSD 2 New payment players a threat to the vested order?

Payment Service Directive 2 offers new players a great opportunity to offer to consumers new ways to pay.

New brands come to market. New payment products have the ambition to compete with the existing card scheme. Banks that provide cards to their consumers now also finance or own these new players.

Schemes like Visa and MasterCard although being criticised fir their profits are used every second by millions of people to do payments anywhere and anytime..... The

#costefficiency #returns