infography-psd2-xs2a-ewl€¦ · the house or car of their dreams. manage your funds efficiently as...

Use Account InformationServices to customize

and enrich yourcommercial o�ers

Make payments andfinancial processesdramatically more

cost-e�icient

Enable your customersto pay from their onlinebank account anywhere

and anytime with PaymentInitiation Services

Increase yourconversion rate

How can you bene�tfrom business opportunities

from PSD2's Access to Accounts If you become a Third Party Provider (TPP), you can:

5 importantsteps to

become a TPP

Rely on our solutionsfor your PSD2 services

As the expert leader in the European payments industry,we take a unique position in the market and o�ersfull end-to-end support to maximize the benefits of

the PSD2’s Access to Account services

Via one APIyou can reach

the main ASPSPsin Europe

Single access to many banks

Easy access to low cost XS2A

services

Connected tonew ecosystems

based on APIs

Fastimplementation

Full supportto become a TPP

PIS/AIS/PIIShave no scheme

fees

Go beyond PSD2and deliver newonline productpropositions

Ready to usein four months

Knowledge andsupport to set up

and operationalizeTPP

How do retail banks see Open Banking initiatives?

expect that Open Banking will reshape the value chain and competitive landscape and agree that consuming services and data via third-party APIs will allow them to improve their customer proposition.

Source: Ovum 2018 Global Payments Insight Survey: Retail Banking

The combination of the PSD2 Payment Initiation Service and Instant Paymentso�ers an extensive range of possibilities, such as o�ering a real online Europeanpayment, while significantly shortening the purchase process.

OUR VALUE PROPOSITION

Helping banks, merchants and businesses meet the PSD2 Access to Accounts challenge in every use case

BUSINESS CASEdefine your value proposition

REACH TO BANKSdefine the best way to connectto the di�erent banks

GEOGRAPHYspecify your geographical reach

REGISTRATIONselect the most e�icientregistration authority

APISset up the right API strategy

12

34

5

88%

6 596

Some examples that illustratehow Access to Accounts can change

your world and that of your customers

UP–TO-DATE INSIGHTS ON YOUR FINANCIAL SITUATION By using Account Information Services, the customeralways has a total overview of his financial position onall his/her accounts, either as a person or as a company.Companies can directly reconcile the transaction datain their accounting software.

AN ONLINE AND IMMEDIATE TAILOR-MADE LOAN

By using Account Information Services, consumerscan apply online in real-time for a loan or a mortgagethat matches their profile and financial situation.This enables them to receive loan instantly to buythe house or car of their dreams.

MANAGE YOUR FUNDS EFFICIENTLYAs an entrepreneur, you want your cashmanagement to be done in the most e�ectiveway possible. With the help of Account InformationServices, this can be achieved across all youraccounts and all di�erent banks at once.

PAY ONLINE, SAFELY AND AS USUAL As an online merchant, you can o�er a cost-e�ectivecredit transfer payment in an online or mobileenvironment under your own brand name andconnected to your own loyalty scheme.Consumers pay safely the way they are used toin their online e-banking environment or mobile app.And, with an Instant Payment, payments are secured,your delivery process shortened and your costs lowered.

In short: The PSD2’s Payment Initiation and Account InformationServices are improving the experience of consumers,

banks and merchants, large or small.

Number of Credit Institutionsin the EU by end 2016

to which you potentiallyhave to connect to as a TPPSource: European Banking Federation