Payment Services Regulations definition
Examples of Payment Services Regulations in a sentence
Framework Contract means a contract for payment services which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account as defined in the UK Payment Services Regulations 2017.
When providing customers in the UK with access to bank feeds, Acumatica acts as an agent of Plaid Financial Ltd., an authorized payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718).
To the extent it is the Issuer represents and warrants that it is not a consumer, micro- enterprise or charity as defined in the Payment Services Regulations and undertakes to notify the Account Bank promptly if at any time it becomes a consumer, micro-enterprise or charity.
This clause does not affect your rights under the Payment Services Regulations 2017, or any other law, relating to unauthorised Transactions or incorrectly executed Transactions (for example, instructions not followed correctly or Transactions not carried out properly).
We provide credit products to consumers and we are authorised and regulated by the Financial Conduct Authority (reference number 690292); NewDay Ltd is also authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 (reference number 555318) for the provision of payment services.