Payment instrument definition

Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

Payment instrument means a check, draft, money order, traveler’s check, or other instrument for the transmission or payment of money or monetary value, whether or not negotiable. The term does not include a credit card voucher, letter of credit, or instrument that is redeemable by the issuer in goods or services.

Payment instrument means a check, draft, money order,

Examples of Payment instrument in a sentence

• The amount of the service fee depends on the Payment instrument and can change due to the changes in the market and competition situation or authority fees and regulations.

• If Epassi’s remittances related to the General Payment instruments are delayed due to reasons beyond Epassi’s control, for example, due delays caused by a third-party system related to the General Payment instrument remittances, Epassi is not obligated to compensate the Service provider for the damage possibly caused by this.

• The Service provider must treat Epassi Payment instruments equally with other Payment instruments and is not allowed to charge any additional fees for the reception of such a Payment instrument from the payer.

• Value added tax will be added to the Employee benefit Payment instrument service fee in accordance with the currently valid tax rate.

• Possible product returns related to the General Payment instruments or incorrect charges must be refunded in accordance with the General Payment instrument instructions.

More Definitions of Payment instrument

Payment instrument means any electronic or written check, draft, money order, travelers check, or other wire, electronic, or written instrument or order for the transmission or payment of money, sold or issued to 1 or more persons, whether or not the instrument is negotiable. The term includes any closed-loop prepaid access or prepaid access device or vehicle. The term does not include any credit card voucher, letter of credit, or tangible object redeemable by the issuer in goods or services.

Payment instrument means any electronic or written check, draft, money order, traveler's check, or other electronic or written instrument or order for the transmission or payment of money, sold or issued to one or more persons, whether or not such instrument is negotiable. The term "payment instrument" does not include any credit card voucher, any letter of credit, or any instrument that is redeemable by the issuer in goods or services.

Payment instrument means a check, draft, money order, traveler’s check, stored-value, or other instrument or order for the transmission or payment of money or monetary value, sold to one or more persons, whether or not that instrument or order is negotiable. “Payment instrument” does not include an instrument that is redeemable by the issuer or an affiliate in merchandise or service, a credit card voucher, or a letter of credit.

Payment instrument means any cheque, traveler’s cheque, demand draft, cashier’s order, money order, postal order or other similar instrument.

Payment instrument means an instrument, whether tangible or intangible, which enables a person to obtain money, goods or services, or to otherwise make payment;

Payment instrument means a card, number, code, electronic profile or other thing personal to you that we give you to allow you make a payment transaction on your Account.

Payment instrument means a payment instrument as defined in Article 4(23) of Directive 2007/64/EC;