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General Data Protection Regulation (GDPR) concept illustration with padlock and EU stars

Payment Systems

What Is the General Data Protection Regulation (GDPR)?

The General Data Protection Regulation (GDPR), (EU) 2016/679, is EU law on data protection and privacy. It gives individuals control over their personal data, requires breach notification within 72 hours, and allows fines of up to 20 million euros or 4% of annual revenue.