Whitepaper: PSD3 & PSR – Practical Guidance for Banks and Payment Institutions

Discover which changes will affect your institution – and how to prepare effectively now

Payment Services Directive 3 & Payment Service Regulation

Whitepaper

August 18, 2025

Are you ready for the most significant payments reform since PSD2?

Registration vs. Licensing at a Glance

Horizontale Timeline zu PSD3 mit vier Meilensteinen: Inkrafttreten, +18 Monate Dokumentation, +24 Monate Risiko, Abschluss mit Licensing.Horizontal timeline for PSD3 with four milestones: Entry into force · +18 months documentation · +24 months risk · Conclusion with licensinComparison of registration requirement vs. authorisation requirement under PSD3/PSR

THE REORIENTATION OF EUROPEAN PAYMENTS – A STRATEGIC ROADMAP FOR INSTITUTIONS

Image of a european map in blue colors and with yellow nodes and lines to illustrate the connection between the EU Member Countries. Payment Services Directive 3 Whitepaper Cover

Are you ready for the most significant payments reform since PSD2?

With the third Payment Services Directive (PSD3) and the new Payment Services Regulation (PSR), far-reaching changes will take effect from 2026/2027. European payments will be fundamentally transformed – going far beyond the evolution of PSD2

The Challenges for Institutions:

👉 Massive impact: PSD3/PSR introduces far-reaching changes for banks, payment institutions and e-money institutions. Strategic realignments are inevitable.

‍
👉 Tight deadlines: Those who fail to act now risk implementation gaps and regulatory pressure later on.

‍

👉 Increased complexity: New EU requirements are adding further layers of compliance obligations, which many institutions have not yet fully grasped.

What you will find in the whitepaper:

✓ 30+ pages of in-depth analysis of the planned changes
✓ Concrete recommendations for action to support implementation
✓ Detailed overview of all changes compared to PSD2
✓ Timeline and roadmap for the coming years

Target audience:

Executives, compliance officers and legal departments of banks, payment institutions and e-money institutions.

‍

‍Make the most of the remaining preparation time. Institutions that act early turn PSD3/PSR into a competitive advantage – instead of merely reacting.

Jetzt Whitepaper anfordern

Vielen Dank! Wir haben Ihre Nachricht erhalten und senden Ihnen das Whitepaper schnellstmöglich zu
Oops! Bitte überprüfen Sie Ihre Eingaben oder versuchen Sie es in wenigen Minuten erneut. Sollte das Problem bestehen bleiben, kontaktieren Sie uns bitte direkt
PSD3/PSR Regulatory Bridge: Visualizing the connection of fragmented financial markets to harmonized EU markets with Fintech symbols.

The key question: Why two laws instead of one?

The EU is revolutionising payment regulation: instead of another PSD Directive, a strategic split into PSD3 and PSR is being introduced. While PSD2 led to regulatory fragmentation and “forum shopping” through 27 different national implementations, Brussels is now opting for smart division of responsibilities – operational standards will be harmonised across the EU (PSR), while institutional supervision remains nationally flexible (PSD3). For payment service providers, this means the end of compliance complexity while raising overall standards.

More information
Illustration of a horizontal timeline with financial symbols, modern building and dashboard in the background, in dark blue, teal and gold – key visual for financial consulting

Transitional provisions for payment institutions under PSD3 in detail

The new transitional provisions of the Payment Services Directive 3 appear to give payment service providers sufficient time for the compliance transformation – but the grandfathering rules are complex and tied to strict deadlines. Our comprehensive guide offers detailed analyses of the transitional periods, target-group-specific recommendations from FinTechs to major banks, proven compliance checklists and BaFin-compliant implementation strategies.

More information

Every institution faces its own challenges. Together, we will identify how to implement PSD3 & PSR in the most effective way

Let’s review together how you can put regulatory requirements into practice – efficiently and effectively

30 minutes for more clarity – book your appointment

Free & non-binding · 30 minutes · Remote