card-based payment instrument

Definitions over time (1)

08/06/2015 – today applies on 11/11/2026 Article 2, Regulation (EU) 2015/751 Scope: Whole act

For the purposes of this Regulation, the following definitions shall apply:

‘card-based payment instrument’ means any payment instrument, including a card, mobile phone, computer or any other technological device containing the appropriate payment application which enables the payer to initiate a card-based payment transaction which is not a credit transfer or a direct debit as defined by Article 2 of Regulation (EU) No 260/2012;