A phospholipase is an enzyme that converts phospholipids into fatty acids and other lipophilic substances. There are four major classes, termed A, B, C and D distinguished by what type of reaction they catalyze:
Types C and D are considered phosphodiesterases.
Phospolipase A2 acts on intact lecithin molecule and hydrolyses the fatty acid esterified to the second carbon atom.the product formed is lysolecithin and fatty acid. lysolecithin is an enzyme present in the venom of the viper snakes.
source: textbook of biochemistry by DM Vasudevan and S Sreekumari 5th edition.