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For many Americans, a trip abroad conjures up images of scenic vistas, Roman ruins or Parisian cafes. For U.S.-based businesses, however, doing business abroad is often less idyllic.  Complicated four-character acronyms threaten operations at every turn. Often lost in the sea of European-based regulations is the second Payment Services Directive (PSD2). Understandably, many companies have focused much more on compliance with the General Data Protection Directive (GDPR) than on PSD2. But with less than a year until full PSD2 compliance is required, it is time for merchants to prepare.

 

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