Reporting of PISP initiated payments

In accordance with Guidelines 7.5 and 7.6 of the EBA Guidelines on fraud reporting under PSD2 (EBA/GL/2018/05) as amended by the EBA Guidelines EBA/GL/2020/01 , payment initiation services providers (PISPs) should report the executed payment transactions and fraudulent transactions they initiated, both by volume and value, in accordance with Data Breakdown H in Annex 2. Guideline 7.6 further clarifies that PISPs “should record and report data on volumes and values with the following breakdowns: a. geographical perspective, b. payment instrument, c. payment channel, and d. authentication method”. There is no requirement for PISPs to include a breakdown of the transactions they have initiated depending on the reason for not applying strong customer authentication.