Payment Services Regulation 2018

The European Communities Payment Services Regulations 2018 (PSD2) were transposed into Irish Law on the 13th January 2018.

The purpose of PSD2 is to:

  • Make it easier and safer to use internet payment services;
  • Protect consumers against fraud, abuse and payment problems.
  • Promote innovative mobile and internet payment services.
  • Strengthen consumer rights.

Under Regulation 78(1) St Agnes Credit Union Limited is required to provide members with a new Framework Contract.

We offer many services aimed at improving access to financial services and encouraging financial inclusion.

Enjoy all the benefits of a modern, digital financial services provider, with the added advantage of being local.