net compensation

Defined in Article 2, Regulation (EU) 2015/751

Uses as of 29/11/2017

Definitions over time (1)

  1. 08/06/2015 – today applies on 29/11/2017 Article 2, Regulation (EU) 2015/751 Scope: Whole act

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

    ‘net compensation’ means the total net amount of payments, rebates or incentives received by an issuer from the payment card scheme, the acquirer or any other intermediary in relation to card-based payment transactions or related activities;

Used in (4 places in 3 provisions on 29/11/2017)

Regulation (EU) 2015/751 (4 in 3)

Recital 31 · Article 22 · Article 5

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