Online Payment Account definition

Online Payment Account means a Payment Account which someone can access or use through Digital Banking.
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Online Payment Account means a Payment Account which someone can access or use through BOL.
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Online Payment Account means a Payment Account which can be accessed or used through Digital Banking.
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Examples of Online Payment Account in a sentence

  • In accordance with the law, Paynovate applies Strong Client Authentication when it: ● accesses the Client’s Online Payment Account; ● initiates an Electronic Payment Transaction; ● executes an Operation through a means of remote communication, which may involve a risk of fraud in payment or other fraudulent use.

  • You are not obliged to use the services of a TPP for your Online Payment Account but, if you do, it is your responsibility to read the terms and conditions of the TPP.

  • You can instruct a PISP to initiate a payment on your Online Payment Account by following their procedures (make sure they give them to you).

  • Once each 90 day period passes, you need to authorise us again (in the way set out in this clause) if you wish us to continue to share information on your Online Payment Account with your AISP.

  • If you send your TPP a cancellation when we are processing an instruction from them or to get access to information about your Online Payment Account, it may be too late for us to cancel the instruction; and, if so, you permit us to obey it.

  • If we receive a request from a TPP to access your Online Payment Account details or initiate a payment, we respond to it as if all or both of you had have made the request or asked the TPP to make it on behalf of each of you.

  • You can instruct an AISP to access and hold details of your Online Payment Account by following their procedures (make sure they give them to you).

  • If we receive an instruction from a PISP to initiate a payment on your Online Payment Account, we will treat this as an instruction from you.

  • If the Online Payment Account is in the name of two or more of you, one of you can instruct a TPP to access your Online Payment Account details or initiate a payment on your Online Payment Account by using the TPP’s procedures and ours.

  • Once you have done this you authorise us to answer a CBPPII request to find out whether money is available in your Online Payment Account to meet a card payment.


More Definitions of Online Payment Account

Online Payment Account means a Payment Account which someone can
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Related to Online Payment Account

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Disbursement Account means an account established and owned by Company and held at the Disbursement Institution against which wire transfers and ACH transfers are settled for payment of Loan Proceeds to Borrowers.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Controlled Disbursement Account means any account of the Borrowers maintained with the Administrative Agent as a zero balance, cash management account pursuant to and under any agreement between a Borrower and the Administrative Agent, as modified and amended from time to time, and through which all disbursements of a Borrower, any other Loan Party and any designated Subsidiary of a Borrower are made and settled on a daily basis with no uninvested balance remaining overnight.

  • Interest Account means the Account within the Debt Service Fund so designated and established by Article V hereof.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Collection Accounts As defined in Section 3.10(a).

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).