GDPR (Regulation 2016/679)
Administered in Italy by the Garante per la Protezione dei Dati Personali
Garante per la Protezione dei Dati Personali
Europe · GDP rank #9
Italy
IT · EUR @ 1.1595/USD
Italy is the euro area's largest cash-dependent economy and its fourth-largest card market. The national payments story is shaped by Nexi, Europe's largest PayTech, by the state-mandated PagoPA platform for public-sector collections, and by the Instant Payments Regulation that made instant credit transfers a universal right across Italian banks in January 2025 and on the send side from October 2025.
Tab 06
Fraud & security
Headline fraud totals and typology splits, the rollout of EMV chip, tokenisation, 3DS and biometrics, and the controlling data-protection and payments statutes.
Card-not-present remains dominant; SCA under PSD2 is universal. APP fraud is the fastest-growing typology and a primary target of the incoming PSD3/PSR package. Verification of Payee under IPR (October 2025) is the first real Italian response.
Reported payment fraud · 2024
420M EUR▲ +18% vs prior year
Card-not-present share
74%
3DS adoption on CNP
98%
Trend lines
What's growing fastest
Where a full typology breakdown is not published, the authorities typically disclose year-on-year growth in specific scam categories. Authorised push-payment (APP) scams and account-takeover fraud are the canonical “wallet era” concerns in most markets.
- Card-not-present share74%
- APP scam growth YoY+52%
- Account takeover growth YoY+34%
Controlling regulation
DORA (Digital Operational Resilience Act)
Applicable since January 2025; Banca d'Italia and CONSOB are Italian supervisory authorities
European Insurance and Occupational Pensions Authority (EIOPA)
Instant Payments Regulation (IPR) — Regulation 2024/886
VoP mandatory 9 October 2025; full IPR in force for all Italian PSPs
European Commission
MiCA (Markets in Crypto-Assets Regulation)
Fully applicable since December 2024; Banca d'Italia and CONSOB are joint supervisors
European Securities and Markets Authority (ESMA)