Dutch National Bank grants PSD2 Payment Institution license to 2Checkout

Friday 23 August 2019 00:00 CET | News

The Dutch National Bank has granted 2Checkout, a global monetisation platform for global businesses, a PSD2 Payment Institution license.

This licence supports consumer protection, promotes innovation, and improves the security of payment services within the European Economic Area (EEA). Moreover, the Payment Institution license, which will be “passported” throughout the EU in the near term, provides additional flexibility for European merchants.

The 2Checkout monetisation platform features ecommerce, subscription management, compliance, tax management, foreign exchange, and payment functionalities that merchants use to serve consumers and businesses worldwide.

To find out more about 2Checkout and for a complete list of its offerings and services, please visit our online payments company database.

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Keywords: Dutch National Bank, PSD2, payments licence, monetisation, merchants, payment services, ecommerce, subscription management, compliance, tax management, 2Checkout
Countries: World