Payment Initiation Services definition

Payment Initiation Services means services of the type described in Condition 2.4(a).
Payment Initiation Services means a service that allows you to instruct payments to be made from your account by a third party.
Payment Initiation Services means services of the type described in Clause 4.12;

Examples of Payment Initiation Services in a sentence

  • Payment Initiation Services – an online service which accesses your Monese Account to initiate the transfer of funds on your behalf.

  • If the order pertains to a Direct Debit or the order for debiting the Customer’s account is transmitted to the Bank by the payee (or through the payment services provider of the payee) or through the Payment Initiation Services Provider, the order cannot be revoked without the payee’s consent.

  • If the order for debiting the account is transmitted to the Bank by the payee or through the payment services provider of the payee or through the Payment Initiation Services Provider, it cannot be revoked after the point in time when the Customer or/and the Enterprise gives his consent for the execution of the payment transaction.

  • Mastercard Payment Initiation Services Provider Personal Details/Personal Data Mastercard Europe sprl, the payment network applicable to the Card.

  • 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 that you’ve entered into with them.


More Definitions of Payment Initiation Services

Payment Initiation Services means services of the type described in Clause 5.5.9 (a) (ii) “Payment Services” means such Services as We
Payment Initiation Services means an online service to initiate a Payment Order at the request of the User with respect to a Payment Account held at another Payment Service Provider, but does not include:
Payment Initiation Services means services of the type described in Clause 5.5.9 (a) (ii)
Payment Initiation Services means an online service which accesses the Tide Platform to initiate a Payment Instruction on your behalf.
Payment Initiation Services means services of the type described in Clause 5.5.9 (a) (ii); “Payment Services” means such Services as We provide in relation to payments into and out of Your Account;
Payment Initiation Services means payment services within point (7) of paragraph 17 of Schedule 2 to the Act (payment initiation services) and “payment initiation service provider” means a payment service provider who provides such services;
Payment Initiation Services. (PIS) means all services facilitating the authorization or validation of an electronic fund transfer, a card payment or otherwise facilitating the execution of electronic transactions;