PSD2-Channel Code
Modified on: 2023-05-06 17:03
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Introduction
PSD2 channel code refers to a unique code that is used to identify and track payment transactions under the European Union’s Payment Services Directive 2 (PSD2) regulations. The code, which is typically a combination of letters and numbers, is assigned to a specific payment channel such as a mobile app or website. The purpose of the code is to ensure that transactions are properly categorized and analyzed by financial institutions for compliance with PSD2 requirements.
Channel Code
Code | Description |
---|---|
TO | telephone order |
EC | e-commerce |
MO | mail order |
FA | face-to-face |
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