payment service provider definition

payment service provider means a person whose business includes the provision of transfer of funds services;
payment service provider means bodies referred to in Article 1(1) and legal and natural persons benefiting from the waiver under Article 27;
payment service provider means a Person providing a Payment Service;

Examples of payment service provider in a sentence

  • Company shall coordinate with Merchant technical personnel in order to make available payment options of Payment Service Provider to Customers.

  • Company shall clearly disclose to Customers that payment options of Payment Service Provider are provided by Company and its partnering Payment Service Provider, independently of Merchant, and that the billing inquiries or requests regarding payment options of Company and its partnering Payment Service Provider should be directed to Company and not to Merchant.

  • Payments accepted from Customers by the Company are transferred to the Merchant by the Payment Service Provider on a daily/weekly basis (need to choose).

  • Transfers are made based on the reports provided by the Company to the Payment Service Provider on a daily/weekly basis(need to choose).

  • Company shall bear the responsibility and the costs associated with providing Customer support services to Customers with regard to the availability and performance of the payment options of Company and its partnering Payment Service Provider.


More Definitions of payment service provider

payment service provider means a natural or legal person whose business includes the provision of transfer of funds services;
payment service provider means the banking intermediary who provides the service of transferring money from the Website ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
payment service provider means a payment service provider as defined in Article 4, point (11), of Directive (EU) 2015/2366;
payment service provider means any of the categories referred to in Article 1(1) of Directive 2007/64/EC and the legal and natural persons referred to in Article 26 of that Directive, but excludes those institutions 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 benefiting from a Member State waiver exercised under Article 2(3) of Directive 2007/64/EC, to which belong:
payment service provider means a body referred to in Article 1(1) or a natural or legal person benefiting from an exemption pursuant to Article 32 or 33;
payment service provider means a payment service provider as defined in Article 4(9) of Directive 2007/64/EC;
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;‌