Payment services and electronic money
The EBA contributes to making retail payments in the EU secure, convenient, innovative and competitive. To that end, the EBA develops requirements aimed at reducing payment fraud and brings about a level playing field in the EU for the authorization and supervision of payment services providers. The EBA also promotes competition and facilitates innovation in the retail payments market.
Technical Standards, Guidelines & Recommendations
Technical standards
Guidelines
Opinions, Reports and other Publications
Opinions
Opinion on the end of the No-action Letter transition period
EBA opinion outlining supervisory priorities for national authorities as the transition period under its No-Action Letter on PSD2 and MiCA interplay ends on 2 March 2026, addressing authorisation processes, conditions for continued EMT transactions, and coordination between PSD2 and MiCA frameworks.
Opinion on the interplay between PSD2 and MiCA in relation to crypto-asset service providers that transact electronic money tokens
EBA opinion clarifying the interplay between PSD2 and MiCA for crypto-asset service providers handling electronic money tokens, advising NCAs on temporary authorisation exemptions and supervisory priorities until PSD3/PSR apply, while recommending long-term legislative alignment to avoid dual licensing burdens.
Opinion on new types of payment fraud and possible mitigations
European Banking Authority (EBA) opinion analysing 2022 payment fraud trends, including higher fraud rates in instant payments and social engineering risks. Recommends additional security measures beyond PSD3, PSR, and Instant Payments Regulation to strengthen anti-fraud frameworks for retail payments.
EBA's response to the Call for advice on the review of PSD2.pdf
Response to the Call for Advice on the review of PSD2
Opinion on supervisory actions for removal of obstacles to account access under PSD2.pdf
Opinion on supervisory actions for removal of obstacles to account access under PSD2
EBA Opinion on obstacles under Art. 32(3) RTS on SCA&CSC.pdf
Opinion on obstacles under Article 32(3) of the RTS on SCA and CSC
Opinion on the deadline for the migration to SCA.pdf
Opinion on the deadline for the migration to SCA for e-commerce card-based payment transactions
EBA Opinion on SCA elements under PSD2 .pdf
Opinion on the elements of strong customer authentication under PSD2
EBA Opinion .pdf
Opinion on the nature of passport notifications for agents and distributors of e-money
EBA Opinion on the use of eIDAS certificates under the RTS on SCACSC.pdf
Opinion on the use of eIDAS certificates under the RTS on SCA and CSC
Decisions
EBA DC 453 rev1 - Decision on reporting of payment fraud data under PSD2.pdf
Decision on reporting of payment fraud data under the revised Payment Services Directive
Reports
EBA and ECB Report on Payment Fraud
EBA and ECB 2025 report analysing payment fraud trends, including fraud levels, types, impact of Strong Customer Authentication (SCA), losses, and geographical patterns across EU payment instruments.
Follow-up peer review report on authorisations under PSD2
European Banking Authority follow-up peer review report assessing implementation of PSD2 authorisation guidelines by competent authorities, covering AML/CFT controls, governance, local substance, and resource adequacy as of 2025.
EBA and ECB 2024 Report on Payment Fraud
EBA and ECB 2024 report analysing payment fraud trends, including fraud levels, types, losses, and the impact of Strong Customer Authentication (SCA) across Europe in H1 2023.
Report on virtual IBANs
EBA report on virtual IBANs (vIBANs) analysing their characteristics, benefits, and key risks—including money laundering, regulatory arbitrage, and consumer protection gaps—based on a 2023/2024 fact-finding exercise, with recommendations for payment service providers and authorities.
Peer Review Report on authorisation under PSD2.pdf
Peer Review Report on authorisation under PSD2
EBA's response to the Call for advice on the review of PSD2.pdf
Response to the Call for Advice on the review of PSD2
Report on the data provided by PSPs on their readiness to apply SCA.pdf
Report on the data provided by payment service providers on their readiness to apply strong customer authentication
Other publications
Memorandum of Understanding on information sharing in support of non-bank payment service providers access to central bank-operated pay
EBA, ECB, and EU national authorities establish a cooperation framework for information sharing to support non-bank payment service providers' access to central bank-operated payment systems under a 2025 MoU.