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New version applies from 14/04/2025. 14 provisions change. Article 243a changes in this version: compare with the current text.

Article 243a

Article 243a

For the purposes of this Section, the following definitions apply:

(1)

‘payment service provider’ means any of the categories of payment service providers listed in points (a) to (d) of Article 1(1) of Directive (EU) 2015/2366 of the European Parliament and of the Council 21 or a natural or legal person benefiting from an exemption in accordance with Article 32 of that Directive;

(2)

‘payment service’ means any of the business activities set out in points (3) to (6) of Annex I to Directive (EU) 2015/2366;

(3)

‘payment’ means, subject to the exclusions provided for in Article 3 of Directive (EU) 2015/2366, a ‘payment transaction’ as defined in point (5) of Article 4 of that Directive or a ‘money remittance’ as defined in point (22) of Article 4 of that Directive;

(4)

‘payer’ means ‘payer’ as defined in point (8) of Article 4 of Directive (EU) 2015/2366;

(5)

‘payee’ means ‘payee’as defined in point (9) of Article 4 of Directive (EU) 2015/2366;

(6)

‘home Member State’ means ‘home Member State’ as defined in point (1) of Article 4 of Directive (EU) 2015/2366;

(7)

‘host Member State’ means ‘host Member State’ as defined in point (2) of Article 4 of Directive (EU) 2015/2366;

(8)

‘payment account’ means ‘payment account’ as defined in point (12) of Article 4 of Directive (EU) 2015/2366;

(9)

‘IBAN’ means ‘IBAN’ as defined in point (15) of Article 2 of Regulation (EU) No 260/2012 of the European Parliament and of the Council 22;

(10)

‘BIC’ means ‘BIC’ as defined in point (16) of Article 2 of Regulation (EU) No 260/2012.

  1. 21 Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35). ↩
  2. 22 Regulation (EU) No 260/2012 of the European Parliament and of the Council of 14 March 2012 establishing technical and business requirements for credit transfers and direct debits in euro and amending Regulation (EC) No 924/2009 (OJ L 94, 30.3.2012, p. 22). ↩
Official text · consolidated version 20/03/2025 (no longer in force) Open full page ↗
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