[tomek@vz]

The European Parliament and Council have agreed on a set of significant changes to how online payments and payment services must operate. The new measures aim to strengthen user protection against both fraud and hidden fees associated with online transactions – and that's only the beginning.
European authorities have completed the negotiation phase for the Payment Services Regulation and the Third Payment Services Directive, two new regulatory frameworks designed to improve user protection and transparency in online payments. The rules aim to harmonize and modernize how payment service providers operate across the European Union, covering payment services offered by banks, post-office giro systems, and other financial institutions.

> EU strikes deal on new payment rules that force providers to refund fraud losses and reveal hidden fees


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