payment service provider means a person whose business includes the provision of transfer of funds services;
payment service provider means the categories of payment service provider referred to in Article 1(1) of Directive 2007/64/EC of the European Parliament and of the Council (1), natural or legal persons benefiting from a waiver pursuant to Article 26 of Directive 2007/64/EC and legal persons benefiting from a waiver pursuant to Article 9 of Directive 2009/110/EC of the European Parliament and of the Council (2), providing transfer-of-funds services;
Examples of payment service provider in a sentence
For clarity, such Payment Service Provider is Your Third-Party Service Provider.
More Definitions of payment service provider
payment service provider means any of the categories of legal person referred to in Article 1(1) of Directive 2007/64/EC and the natural or legal persons referred to in Article 26 of that Directive, but excludes those insti tutions listed in Article 2 of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (1) benefiting from a Member State waiver exercised under Article 2(3) of Directive 2007/64/EC;