Payment Services Provider definition

Payment Services Provider means any entity providing payment services;
Payment Services Provider means credit, electronic money or payment institution approved by an authority established in a Member State of the European Union or in a State party to the Agreement on the European Economic Area. In this case, this concept refers to PayrNet UAB.
Payment Services Provider or “PSP” means an entity licensed by a regulatory authority to provide acquiring, processing or payment gateway services;

Examples of Payment Services Provider in a sentence

  • These Reimbursements will only be granted if the purchase or Reimbursement of Electronic Money is carried out to or from an account opened in the User’s name with Payment Services Provider established in a European Union Member State or in a state party to the agreement on the European Economic Area or in a third country that imposes the equivalent requirements regarding money laundering and the financing of terrorism.

  • Subcontractor Payment: Services Provider shall promptly pay all bills for labor and material performed and furnished by others in connection with the performance of the services.

  • Payment Services Provider - a party providing online payment services for EGM with the ability to accept credit cards, debit cards and other payment methods through EGM’s website or mobile application.

  • At ISXPay’s discretion and subject to approval from a Third Party Acquirer (if required), the Acquiring services may also be offered in conjunction with the Third Party Acquirer(s), where ISXPay acts as the contracting and collecting Payment Services Provider.

  • Money Transfer shall mean any transaction conducted through electronic means by the Payment Services Provider on behalf of a payer.


More Definitions of Payment Services Provider

Payment Services Provider means a body corporate licensed and authorised under the Payment Systems and Services Act, 2019 (Act 987) to provide payment service.
Payment Services Provider the entities mentioned in par. 2 of article 1 or in article 34 of L. 4537/2018 (Official Gazette A 84/15.5.2018).
Payment Services Provider means CERTA PAYMENTS LTD or a third party, which, in each case, is also party to a Payment Services Provider Agreement with User and is acting in that capacity;
Payment Services Provider or “provider” means an entity licensed to provide payment services;
Payment Services Provider means a payment institution, a bank and a DMFI;
Payment Services Provider means the third-party service providers that will process transfers from the nominated Mastercard and Visa payment processing facilities, as available via the App. These may include IntegraPay Pty Ltd (ABN 63 135 196 397), PayPal Australia Pty Limited (ABN 93 111 195 389) and Stripe Payments Australia Pty Ltd (ABN 66 160 180 343) or any other third-party provider that provides these payment processing facilities from time to time.
Payment Services Provider means XFORTA FINANCIAL TECHNOLOGIES LTD or a third party, which, in each case, is also party to a Payment Services Provider Agreement with User and is acting in that capacity;