payment initiation service

Defined in Article 4, Payment Services Directive (PSD2)

Definitions over time (2)

1. 08/04/2024 – today applies on 11/11/2026 Article 4, Payment Services Directive (PSD2) Scope: Whole act

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

   ‘payment initiation service’ means a service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider;

2. 23/12/2015 – 12/01/2016 Article 4, Payment Services Directive (PSD2) Scope: Whole act

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

   ‘payment initiation service’ means a service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider;

Used in (79 places in 33 provisions on 11/11/2026)

Payment Services Directive (PSD2) (79 in 33)

Recital 27 · Recital 29³ · Recital 30⁴ · Recital 31³ · Recital 32³ · Recital 33 · Recital 34 · Recital 35 · Recital 68 · Recital 69 · Recital 73 · Recital 74² · Recital 86 · Recital 93⁴ · Recital 96 · Article 3 · Article 4³ · Article 45³ · Article 46³ · Article 47 · Article 64 · Article 66¹⁵ · Article 68³ · Article 71 · Article 72⁴ · Article 73⁴ · Article 79 · Article 80² · Article 90³ · Article 97³ · Article 98 · Article 115 · Annex I