Illimitybank: Introducing the Payment Initiation Service (PIS)
- The Payment Initiation Service (PIS) makes its debut in Italy with illimitybank.com enabling payments from accounts of other banks consolidated on its platform
- This new function will be available from tomorrow for customers who have activated illimity
connect - The account aggregation service set up by illimitybank.com, already available for all bank’s customers
- The account aggregation service, envisaged by the European Directive on payment services
(PSD2) actually introduced into Italy for the first time - The operations available through the PIS service gradually extended, making it possible
- With this initiative the bank is aiming to establish itself as the leading integrated management platform for the finances of its customers
