Advocate General suggests unilateral variation of terms in payment services contracts should be limited to non-essential changes | Practical Law

Advocate General suggests unilateral variation of terms in payment services contracts should be limited to non-essential changes | Practical Law

A practitioner comment article by James Black and Virginia Montgomery at Hogan Lovells on the Advocate General's opinion in the Court of Justice of the EU (CJEU) case of DenizBank AG v Verein für Konsumenteninformation (Case C 287/19) [EU:C:2020:322], which concerns the application of the revised Payment Services Directive ((EU) 2015/2366) (PSD2) to payment cards with near-field communication (NFC) functionality (commonly referred to as contactless cards).

Advocate General suggests unilateral variation of terms in payment services contracts should be limited to non-essential changes

by James Black, Partner, and Virginia Montgomery, Senior Knowledge Lawyer, Hogan Lovells
Law stated as at 21 May 2020 • United Kingdom
A practitioner comment article by James Black and Virginia Montgomery at Hogan Lovells on the Advocate General's opinion in the Court of Justice of the EU (CJEU) case of DenizBank AG v Verein für Konsumenteninformation (Case C 287/19) [EU:C:2020:322], which concerns the application of the revised Payment Services Directive ((EU) 2015/2366) (PSD2) to payment cards with near-field communication (NFC) functionality (commonly referred to as contactless cards).