Open Banking

More security through two-factor authentication, more options through open banking. The Payment Services Directive 2 (PSD2) of the European Union further increased security in online payment transactions and opened up the market for new payment services.

This is Open Banking

With the Payment Services Directive 2 (PSD2), so-called third-party providers (TPP) are given the opportunity to access your data stored at the bank, for example to initiate payment orders for you - of course only with your explicit consent, which you can revoke at any time.

Third-party providers are also subject to PSD2 and the respective national legislation and must also be registered and licensed with a national supervisory authority of the European Union. The increased security requirements within the framework of PSD2 apply equally to banks and third-party providers.

The most important services that you can use from third-party providers in the future:

Payment initiation services (PISPs):  at the request of the payment service user, a payment service order is initiated in relation to a payment account held with another payment service provider

Account information services (AISPs):  at the request of the payment service user, consolidated information about payment accounts with various payment service providers is made available to them by the account information service

Payment instrument service provider (PIISP): a third-party issuer can query the availability of an amount of money from the account-managing payment service provider
Information for Payment Service Providers/TPPs
Details are available for download at

From now on payment initiation service providers and account information service providers have unrestricted access to a test option in the form of a sandbox, including documentation.

If you have any questions you can contact technical support via Email .