Updated 18/09/2024
In force

Version from: 12/09/2023
Amendments
Search within this legal act

Article 13 - Trusted beneficiaries

Article 13

Trusted beneficiaries

1.  
Payment service providers shall apply strong customer authentication where a payer creates or amends a list of trusted beneficiaries through the payer's account servicing payment service provider.
2.  
Payment service providers shall be allowed not to apply strong customer authentication, subject to compliance with the general authentication requirements, where the payer initiates a payment transaction and the payee is included in a list of trusted beneficiaries previously created by the payer.