credit card transaction
Defined in Article 2, Regulation (EU) 2015/751
Definitions over time (1)
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For the purposes of this Regulation, the following definitions shall apply:
‘credit card transaction’ means a card-based payment transaction where the amount of the transaction is debited in full or in part at a pre agreed specific calendar month date to the payer, in line with a prearranged credit facility, with or without interest;