payment service user definition

payment service user means a natural or legal person making use of a payment service in the capacity of either payer or payee, or both;
payment service user means natural person, entrepreneur, farmer or legal entity that uses or was using payment service in the capacity of a payer and/or payee or has turned to the payment service provider in order to make use of such services;
payment service user means a natural or legal person, including the Client, making use of payment services in the capacity of either payer or payee, or both.

Examples of payment service user in a sentence

  • You agree to follow the requirements of the Bill Payment Service User Instructions, which are incorporated herein by reference.

  • If by fulfilling an adequate enactment of the Bank, the Payment Service User requested the use of seal, the Bank shall reject the submitted payment order against the payment transaction which is not certified by seal.

  • Upon enrollment in the Xxxx Pay service, you agree to follow the requirements of the Xxxx Payment Service User Instructions, as listed below, and as may be hereafter amended.

  • If you permit other persons to use your Mobile Bill Payment Service User ID and Password to access this service, you are responsible for any transaction they authorize from your Payment Account.

  • PSP Any ‘Payment Service Provider’ as defined in PSD2 that is eligible to participate in the Scheme in accordance with Rulebook section 5.4. PSU Payment Service User.


More Definitions of payment service user

payment service user means a natural or legal person making use of a payment
payment service user means a natural person or a legal entity, which includes the Client, who uses a payment service as a Payer or a Payee or both;
payment service user means a natural or legal person making use of a payment service in the capacity of Payer, Payee, or both.
payment service user means an individual or corporate customer who uses a payment service as a payer or payee, or in both capacities.
payment service user means a natural or legal person making use of a payment service in the capacity of a payer or a payee or in both capacities at the same time.
payment service user means a payment service user as defined in point (10) of Article 4 of Directive (EU) 2015/2366;
payment service user means a person making use of a payment service in the capacity of payer, payee, or both, where the payer and the payee is the same person.