Designated payment system definition

Designated payment system means a system listed in § 233.3.
Designated payment system means a payment system that is designated by the Authority under section 42 to be a designated payment system for the purposes of this Act;
Designated payment system means a system listed in § ll.3.

More Definitions of Designated payment system

Designated payment system means a payment system or a class of payment system, as may be specified by the Reserve Bank from time to time, engaged in collection of funds from their customers for rendering payment service;
Designated payment system means a payment system prescribed as a designated payment system under subsection 30(1);
Designated payment system means a system listed in § 132.3.
Designated payment system means designated payment system as defined under clause (q) of section 2 of the Payment Systems and Electronic Fund Transfers Act, 2007.
Designated payment system means a Payment System designated by the State Bank under section 4 to be a Designated Payment System for the purposes of this Act;
Designated payment system. ’ means any sys- tem utilized by a financial transaction pro- vider that the Secretary and the Board of Gov- ernors of the Federal Reserve System, in con- sultation with the Attorney General, jointly determine, by regulation or order, could be utilized in connection with, or to facilitate, any restricted transaction.
Designated payment system means a payment system which shall obtain a license from the Minister or be registered with the BOT, as the case may be;