Payment Services Directive 2

The Payment Services Directive 2 (PSD2) is a revised EU legislation, adopted in 2015 and applied in January 2018. It provides the protection against fraud, abuse and payment problems, strengthens consumer rights, makes internet payment services safer and easier to use, involves the European Banking Authority (EBA) to coordinate the authorities and standards, reduces fees for transactions made by debit and credit cards and prevents shops from charge extra for the use of the those cards.

https://ec.europa.eu/info/business-economy-euro/banking-and-finance/consumer-finance-and-payments/payment-services/payment-services_en

https://ec.europa.eu/info/law/payment-services-psd-2-directive-eu-2015-2366_en