EU rules mean your electronic payments are becoming cheaper, easier and safer. Here's how:

  • You can make payments throughout Europe (the EU, Iceland, Norway and Liechtenstein) as easily and safely as in your home country.
  • You can no longer be charged extra costs by a merchant when you pay using a card issued in the EU.
  • The rules cover all kinds of electronic payments (e.g. credit transfers, direct debits, card payments).
  • Anybody legally residing in Europe has the right to a bank account for making electronic payments ("payment account")

Interested in finding out more?

These rights are thanks to the EU's revised Payment Services Directive (PSD2), Payment Accounts Directive and other EU legislation, which aim to bring you safer, more convenient payments. Read more here.


Learn more about your rights here:

https://europa.eu/youreurope/citizens/consumers/financial-products-and-services/index_en.htm