The European Payments Institutions Federation (EPIF), the European Digital Media Association (EDiMA), Ecommerce Europe, the Computer And Communications Industry Association (CCIA) and the Electronic Money Association (EMA) have joined forces to call on European policy-makers to rethink their approach to digital payment security in the revised Payments Services Directive (PSD2).

The press release details the concerns of these associations regarding the process of payment authentication which EU payment providers would be burdened with if the PSD2 was to be adopted in its current form.