What is the difference between exemption and exclusion?
Exclusions are transactions that are OUT of scope for PSD2 SCA regulations:
- Mail order/telephone order
- One leg journey - Payee's PSP (aka Merchant's acquirer) or Payer's PSP (aka Buyer's payment method issuer) is outside of EEA zone
- Anonymous prepaid cards up to 150€ (article 63)
- MIT - merchant initiated transactions
Exemptions are transactions that are IN the scope of PSD2 SCA regulations:
- Low value transactions
- Subscriptions
- Risk analysis
- Whitelisting