payment system
Definitions over time (1)
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12/01/2016 – 08/04/2024 Article 4, Payment Services Directive (PSD2) Scope: Whole act
For the purposes of this Directive, the following definitions apply:
‘payment system’ means a funds transfer system with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions;
Other definitions of this term in this act (1)
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Used in (0 places in 0 provisions on 12/11/2026)
No text uses this concept on 12/11/2026.