PSD2 Payment Services Directive

Shopping Online Is Changing from 1st January 2021

30th December 2020

The final changes under the second Payment Services Directive, also known as PSD2 comes into full force from 1st January 2021. PSD2 will mean changes to how you shop online from 1st January 2021.

These changes relate to the implementation of Strong Customer Authentication, also referred to as SCA. This means that you will need to carry out an additional security step before you complete your online shopping by using a one-time passcode which you will receive by text.

These changes mean better protection for you and will make shopping online even more secure.


 What do I need to do?

To continue to shop online with your Current Account debit card, you need to make sure your Credit Union has the correct mobile number for you so that you can receive the one-time passcode required to complete your online shopping transaction.

Croí Laighean CU members can update their mobile number by contacting us.


Frequently Asked Questions

You can view related guidance and common questions here.

Learn more about PSD2 from the Banking & Payments Federation Ireland:

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