Save the effort of applying for your own PSD2 license

With finAPI’s PSD2 license, you save yourself and your company both one-time and ongoing effort associated with the registration and licensing process. The registration procedure and ongoing requirements of BaFin in relation to PSD2 is comprehensive and time-consuming.
Here are some things you won’t have to do:

Use finAPI's PSD2 license to access end-user accounts

To enable you to access end-user accounts, finAPI offers the PSD2 license as an add-on for account information and/or payment initiation services. The PSD2 license Add-on includes the functions required for using account information and/or payment initiation services via the finAPI web form.

PSD2 license "lite" for accessing own accounts with finAPI web form

For convenient, inexpensive and secure access to your own accounts, you can use finAPI Webform. You benefit from fast integration into existing systems, ease of use and responsive design, among other advantages. 

PSD2 License as a Service

Your advantages of using the finAPI license


Which companies need a PSD2 license (RegShield)?

Your business is affected by the PSD2 regulation if you:

What is an account information service provider (AISP)?

In short, an AISP is allowed to retrieve and process account information from bank accounts on behalf of customers. German law defines an AIS as follows: An account information service is an online service for communicating consolidated information about one or more payment accounts held by the payment service user with one or more other payment service providers (ZAG, paragraph 1, section 34).

What is a payment initiation service provider (PISP)?

In short, a payment initiation service provider (PISP) is allowed to initiate payments from bank accounts. German law defines it as follows: A payment initiation service is a service where, at the instigation of the payment service user, a payment order is initiated in relation to a payment account held with another payment service provider (ZAG, paragraph 1, section 33).


Do you have questions about the PSD2 license or finAPI web form?

Contact us. We will be happy to advise you.