payment service agent definition

payment service agent means, for the purposes of this Act, a person that provides payment services in accordance with Section 2(1) on behalf of a payment institution on the basis of a contract made in writing with the payment institution.
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payment service agent means a person who is authorised to provide a payment service as an agent on behalf of a payment service provider and who is authorised under section 24;
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payment service agent means a person providing payment services under the Directive on behalf of a payment institution on the basis of a written contract with the payment institution;
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More Definitions of payment service agent

payment service agent means a person that provides payment services on behalf of a payment institution on the basis of a written contract with the payment institution;
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payment service agent means a person that provides, on the basis of a written contract with and on behalf of the electronic money institution, payment services not related to the issuing of electronic money;
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Related to payment service agent

  • payment service means any business activity set out in Annex I;

  • Payment Services means such Services as We provide in relation to payments into and out of Your Account.

  • payment service provider means a Person providing a Payment Service;

  • Service Agent means HK Conversion Agency Services Limited or such other person as may from time to time be appointed to act as service agent in relation to a Sub-Fund.

  • payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;