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In this act Article 16 of 39
Text as of 26 Oct 2026 · Consolidated version of 12 September 2023 · Same wording as today’s text.Today’s text

Article 16 — Low-value transactions

Financial servicesLevel 2RTSPSD2In forceOfficial source

Payment service providers shall be allowed not to apply strong customer authentication, where the payer initiates a remote electronic payment transaction provided that the following conditions are met:

16(a)
(a)the amount of the remote electronic payment transaction does not exceed EUR 30; and
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16(b)
(b)the cumulative amount of previous remote electronic payment transactions initiated by the payer since the last application of strong customer authentication does not exceed EUR 100; or
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16(c)
(c)the number of previous remote electronic payment transactions initiated by the payer since the last application of strong customer authentication does not exceed five consecutive individual remote electronic payment transactions.
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