Payza introduced a new Bitcoin SendMoney API that enables merchants to send payment to recipients inside and outside of the Payza network. Because Bitcoin is a true peer-to-peer digital currency, Payza's latest API is able to use the currency to send payments directly to the Bitcoin address.
The Second Payment Services Directive or PSD2 comes into effect January 13, 2018. This open banking initiative will no doubt be a game changer in Europe and really for any retail bank or fintech that wishes to work with Europe.
Today we’ll give you an overview of what exactly PSD2 is. Then