PSD2 not incompatible with the GDPR but attention required

In July 2020, the European Data Protection Board adopted Guidelines on the interplay of the Second Payment Services Directive ("PSD2") and the (EU) Regulation 2016/679 ("GDPR") . The Guidelines were open for public consultation until the end of June 2020 and the (EU)

You may wish to read our full article regarding these guidelines here.