payment institution definition

payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;
payment institution means a payment institution as defined in point (d) of Article 1(1) of Directive (EU) 2015/2366;
payment institution means a legal person that has been granted authorisation in accordance with Article 13 of Directive (EU) [PSD3] to provide payment services or electronic money services throughout the Union;

Examples of payment institution in a sentence

  • The list of countries in which LEMON WAY is authorised to operate as a Payment Institution is available, at all times, on the website xxxxx://xxx.xxxxxx.xx.

  • About our main business PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement.

  • PayPal is not a bank or an insurance company, but a Payment Institution and a Payment Arranger, under Law No. 12,865, of October 9, 2013.

  • PingPong Europe S.A. is a Luxembourg S.A. duly licensed in Luxembourg as a Payment Institution under the prudential supervision of the Commission de Surveillance du Secteur Financier ("CSSF").

  • PayPal is a Payment Institution Issuer of E-Money licensed by the Central Bank of Brazil, pursuant to Law No. 12,865, of October 9, 2013, and, as such, offers payment services, as established in this agreement.


More Definitions of payment institution

payment institution means an authorised payment institution or a small payment institution (each as defined in regulation 2 of the Payment Services Regulations 2017 (S.I. 2017/752)).”
payment institution means a legal person that has been granted authorisation in accordance with Article 11 of Directive (EU) 2015/2366 to provide and execute payment services throughout the European Union;
payment institution means a legal person that has been granted authorisation in accordance withArticle 11 of Directive (EU) 2015/2366”5 to provide and execute payment services throughout the European Union. In Luxembourg, this covers legal persons that have been granted authorisation in accordance with Article 7 of this Law to provide and execute payment services. In Luxembourg, this also includes persons that have been granted authorisation to provide and execute payment services in accordance with Article 22 of this Law;
payment institution means a domestic payment institution or an EU payment institution;
payment institution means a legal person that is entitled in accordance with Article 7 or in its home Member State in accordance with Article 11 of Directive (EU) 2015/2366 to provide and execute payment services as a business activity throughout the EEA;
payment institution means any legal person other than:
payment institution means a payment institution as defined in Article 4, point (4),