Qualified Website Authentication Certificates (QWAC)

Use Cases

Use Cases

QWACs will be required to secure the open APIs used in the open banking framework provided in the PSD2 requirements. PSD2 Certificates provide encryption security and authentication for the following transaction types:

  • ASPSP (Accounts-Servicing Payments Service Provider),
    traditional banks
  • AISP (Account Information Service Provider),
    account aggregator to manage financial services
  • PISP (Payment Initiation Service Provider)
    Enables users to make payments directly from their bank
  • Issuer of card-based payments instruments