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EBA publishes Q&A on Merchant Initiated Card Transactions – The end of PSD2 nightmares of PayPal, Amazon, Xing, car rental agencies and hotels?

On 1st of March, the European Banking Authority (EBA) published an answer to a question which had been submitted by the card schemes. What impact will this have on the various use cases or the liability of the card issuer and how does BaFin view this?

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