EBA Consultation on draft Guidelines on the limited network exclusion under PSD2: EBF Response

18 October 2021

Our response highlights that a transparent and clear application of the exemptions is relevant from a consumer protection perspective.

The EBF has responded to the EBA Consultation on draft Guidelines on the limited network exclusion under PSD2.

 When paying with a card that is issued under the limited network exclusions, consumers cannot benefit from those consumer protection rules that apply under PSD2. Also, a harmonised interpretation is also vital in terms of competition reasons, since there is a large cost difference in offering a service exempt from PSD2 compared to services in the scope. A more harmonised application of the exemptions would support a more level playing field

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