Electronic payment instrument means a card or other tangible object for the transmission of money or monetary value or payment of money which contains a microprocessor chip, magnetic stripe, or other means for the storage of information, that is prefunded and for which the value is decremented upon each use, but does not include a card or other tangible object that is redeemable by the issuer in the issuer's goods or services.
Electronic payment instrument means a remote access payment instrument and electronic money instrument that enables its holder to effect one or more electronic payment transactions;
Electronic payment instrument means a card or other tangible
Examples of Electronic payment instrument in a sentence
Electronic payment instrument" means a card or other tangible object for the transmission of money or monetary value or payment of money which contains a microprocessor chip, magnetic stripe, or other means for the storage of information, that is prefunded and for which the value is decremented upon each use, but does not include a card or other tangible object that is redeemable by the issuer in the issuer's goods or services.
Article 180 Electronic payment instrument through electronic payment instrument means an instrument that allows the holder to make cash withdrawals, loading and unloading a tool of electronic money and transfers of funds, other than those ordered and executed by financial institutions.
More Definitions of Electronic payment instrument
Electronic payment instrument means an instrument and/or means enabling NSD Payment System Participants and Clearing Houses to issue, certify, and submit Instructions to the NSD Payment System for a wire transfer using cashless settlement methods available in the NSD Payment System, with the help of information and communication technologies, electronic data storage devices, or any other technical devices.
Electronic payment instrument means both remote access payment instruments and electronic money instruments, defined as cash-substitute payment instruments in Point 5 of Chapter I of Schedule No. 2 to CIFE. Any instrument that can be used to pay for the goods and services of a single legal entity, unincorporated business association, private entrepreneur etc. shall not be considered an electronic payment instrument;
Electronic payment instrument means any system making it possible to effect the following operations by wholly or partially electronic means:
Electronic payment instrument means a card or other tangible object for the transmission of
Electronic payment instrument means:
Electronic payment instrument means, in addition to the non‐cash means of payment provided for in the act on credit institutions, treasury cards and electronic credit tokens made out in accordance with the Personal Income Tax Act, provided that they are used through the information system.19
Electronic payment instrument means any cards/payment cards or any payment instruments which is in an electronic form and has function to make a cash payment.