Chapter 2 of Title IV concerns the authorisation of payment transactions, covering how payers may give and withdraw their consent to the execution of payment transactions, and the allocation of risk and responsibilities between the payer, the payee, and their payment service providers in the proper execution of the payment order issued. Compared with the 2007 Payment Service Directive (PSD1), the 2015 Payment Service Directive (PSD2) adds on three new provisions as follows: confirmation of the availability of funds (Art. 65), the role of trusted third parties in access to the payment accounts, namely articles 66 and 67, and some other cross-provisions on the same topic. Any further changes to Chapter 2 appear to be minor revisions, either aiming to dispel the doubts raised by the PSD1 application or to improve the authentication process through the use of _personalised security credentials_.
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