The Global Influence Of PSD2

The Second Payment Services Directive (PSD2) is impacting the use of data for business and consumers around the globe, and the European eCommerce industry could be significantly affected by Strong Customer Authentication (SCA) noncompliance. In retail, merchants are increasingly turning their sights to resale commerce, and Livekick is bringing personal training to clients through its digital platform. All this, Today In Data.

Data:

2018: The year luxury online marketplace Farfetch went public.

$600 billion: Yearly value of the European eCommerce industry.

80 percent: Portion of Dutch consumers who are still unaware of PSD2.

30: Length in minutes of a Livekick personal training session.

24 percent: Share of EU online retailers that have no plans to implement SCA ahead of its deadline.