Payment Initiation Services Sample Clauses

Payment Initiation Services. 1.1 The Customer or/and Enterprise, when acting as the payer, is entitled to use the payment initiation services, from a payment initiation services provider, when the payment account is accessible online.
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Payment Initiation Services. You can initiate payments from one of your bank accounts to another bank account through the Numbrs App. The Numbrs App supports local transfers as well as international SEPA transfers. The Numbrs App also enables you to create and manage standing orders, depending on the bank account connected. Your bank may have agreed with you that payment orders received after a certain point in time are not deemed to have been received until the following business day. The maximum execution time for the payment order and limitations for payment initiations depends entirely on the agreement between you and your bank. Neither Numbrs nor the PISP charge a fee for transmitting your payment order to your bank. You may pay a fee to your bank for the execution of the payment order in accordance with the agreements with that bank. If you initiate a payment in a currency other than the currency of your account, the applicable exchange rates are based on the agreements with your bank. The same applies to the interest rates that apply if you overdraw your account with the payment initiation or if your bank charges negative interest on your balance. The service described above is limited to providing your bank with the data for a payment order that is necessary to initiate the payment you request, but does not include the execution of the payment itself. Your bank is entirely responsible for the execution of the payment. Please also note that Numbrs can only display what is provided by the PISP. Please contact your bank if you need to verify whether a payment initiation was correctly executed. Numbrs can only assume liability for the fact that the data you provided was immediately forwarded to the PISP. Numbrs is not responsible for ensuring that your bank executes the payment order and that your bank reports this correctly.
Payment Initiation Services. 8. Account information services. Capitalised words and expressions, to the extent not defined in this Framework Contract and as the context requires, shall have the meaning given to them in the Bank’s General Terms and Conditions (available on the Bank’s website: xxx.xxxxxxxxxx.xx)
Payment Initiation Services. An online service that accesses your Account to initiate the transfer of funds on your behalf. Payment Initiation Service Provider – A third party payment service provider which is authorised by its Regulator to provide Payment Initiation Services to you with your explicit consent and under a separate agreement which you have signed with them. Payment Instruction – An instruction from you to make a payment from your Account. PIN - Your four-digit personal identification number for use with the Card. Ǫuasi Cash – Means transactions that include, but are not limited to, purchasing travellers’ cheques, lottery tickets, casino gaming chips, money orders, deposits and wire transfer money orders. Regulator – Means Financial Conduct Authority in the UK or any other European financial services regulator. Sort Code – Means the unique 6 digit number which can be found on your Card or in the app. Scheduled payment - Means a future payment that will be triggered on (or as close as possible) to a specified date in the future Subscription Fee - means the monthly charge for your Countingup Account. It will be debited from your account in an amount related to the tier your account was in for the prior month. The tier is based on Total Monthly Deposits into your account. we, us, our – Counting Ltd (trading as Countingup), a company registered in England and Wales with company number 10729748 who can be contacted at 00-00 Xxxxxxx Xxxx, Xxxxxx, X0 0XX. PPS – PrePay Technologies Limited trading as PPS, a company registered in England and Wales with number 04008083 who can be contacted at PO BOX 3883 Swindon SN3 9EA. Total Monthly Deposits - means the money received into your Countingup business account from the first to the last day of each respective calendar month. Transaction Fees - means the fees as described in paragraph 12 which are chargeable as soon as you start using your account with us and are based on usage of each of the relevant transaction types. Website – xxx.xxxxxxxxxx.xxx Working Day – Our working days are Monday to Friday but do not include bank or public holidays in England. you, your - The Account Holder.
Payment Initiation Services. An online service which accesses your Account to initiate the transfer of funds on your behalf. Payment Initiation Service Provider – A third party payment service provider which is authorised by its Regulator to provide Payment Initiation Services to you with your explicit consent and under a separate agreement which you have signed with them. PIN - Your four digit personal identification number for use with the Card. PPS - PrePay Technologies Limited, a company registered in England and Wales with number 04008083 and registered office at Floor 0, 0 Xxxxxxx Xxxxxx, London, W2 6HY who can be contacted at PO BOX 0000, Xxxxxxx, XX0 0XX. Quasi Cash –Transactions that include, but not limited to, purchasing travellers cheques, lottery tickets, casino gaming chips, money orders, deposits and wire transfer money orders. Regulator – Means Financial Conduct Authority in the UK or another European financial services regulator. we, us or our – PPS or Digi Ventures acting on its behalf. Website – Mettle program website. Working Day – Our working days are Monday to Friday but does not include bank or public holidays in England. you, your - The Account Holder. Where you’ve authorised anyone else to use or operate the Account, you or your refers to both or all of you depending on the context.
Payment Initiation Services 

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