The document discusses the Payment Services Directive (PSD) and its goals of increasing market transparency for cross-border payments, standardizing consumer rights and protections, and providing a legal framework for the Single Euro Payments Area (SEPA). It also discusses a Swedish law aimed at helping consumers choose between payment services by requiring information to be provided in an accessible, clear, and easy to understand manner. Finally, it addresses problems with vague language, endless references, and excessive length (35 pages) in banking contracts and terms and conditions, suggesting the documents be simplified and divided into shorter sections.