Dnb Licensing And Psd2 Articles

Netherlands Payment Platform Compliance: DNB Licensing and PSD2 Implementation

A Dutch payment platform must identify the payment services it actually provides, then obtain the applicable authorization or establish a valid exception or registered exemption before operating. PSD2/Wft analysis covers more than bank-data access: executing payments, acquiring, money remittance and payment initiation can also be regulated. Map the contracting parties, accounts and control over money before selecting a licensing route.