payment initiation channel
Defined in Article 2, Regulation (EU) No 260/2012
Definitions over time (1)
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For the purposes of this Regulation, the following definitions apply:
‘payment initiation channel’ means any method, device or procedure through which payers can place payment orders with their PSP for a credit transfer, including online banking, a mobile banking application, an automated teller machine, or in any other way on the premises of the PSP;