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In this act Article 13 of 39

Article 13 — Trusted beneficiaries

Financial servicesLevel 2RTSPSD2In forceOfficial source

13(1)

1.Payment service providers shall apply strong customer authentication where a payer creates or amends a list of trusted beneficiaries through the payer's account servicing payment service provider.

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13(2)

2.Payment service providers shall be allowed not to apply strong customer authentication, subject to compliance with the general authentication requirements, where the payer initiates a payment transaction and the payee is included in a list of trusted beneficiaries previously created by the payer.

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