Consumentenbond wants ‘bank check’ when sharing payment data under new EU law

Sep

3

2018

The Consumentenbond is of the opinion that people should not just give permission for sharing their payment data under a new EU directive, which the House of Representatives talks about this week. The organization proposes an additional check via the bank.

According to Bart Combée , director of the Consumers’ Association, this check can take place in the form of a so-called two-step consent. In this context, a payment service first asks a user to give permission for the use of his payment data, after which the bank asks the user if he wants to confirm the granting of consent. This should prevent people from granting ‘too lightly’ permission.

Combée considers it undesirable that this will take place via a sort of ‘cookie button’, which people click away without thinking. Nor should it be that people have to read long texts before they give permission, because nobody would. In addition, the Consumers’ Association is concerned about the fact that new payment services gain insight into the payment traffic of consumers.

The Payment Services Directive , or PSD2 , should make it possible, among other things, to enter the market for new providers of such services. The directive was adopted at the end of 2015 . According to the EU, the new rules are necessary, because ‘innovative providers’ were not easy to grasp in the rules of the previous directive. Under the rules, the providers are allowed to request payment data from banks and customers must first give permission for this.

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