All businesses handling payments must adapt to PSD3 requirements taking effect 2027. Our guide helps you navigate the complexity.
Ready for PSD3
Partially ready
Action needed
PSD3 (Payment Services Directive 3) is the third generation of EU payment services directive taking effect 2027. It replaces PSD2 and introduces new requirements for payment service providers, payment institutions, and banks.
The directive aims to increase consumer protection, improve security, promote innovation, and create a more harmonized payments market in the EU.
Identify gaps in current systems
Update systems and APIs
Ensure knowledge of new rules
Check functionality before launch
PSD3 will take effect on January 1, 2027 for most requirements. Some minor exceptions and transition periods may exist for certain types of services.
PSD3 applies to all companies offering payment services including banks, payment institutions, e-wallet providers, and companies using payment services for their customers.
Costs vary depending on company size and existing systems. Small companies can expect investments of 50,000 - 200,000 SEK, while larger companies may need to invest 1-5 MSEK.
Use our payment calculator to calculate PSD3 adaptation costs and compare different providers.