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
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 cash 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 a remote access payment instrument and electronic money instrument;
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, 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 an instrument enabling its holder to effect transactions of the kind specified in Article 1(1). This covers both remote access payment instruments and electronic money instruments’
Electronic payment instrument means any tangible or intangible instrument, device or mechanism that enables a person to make payment(s) for goods or services or to transfer money.” The electronic money issuer will be required to establish some mechanism to facilitate the use of the electronic money to make payments and it is presumed that the issuance of electronic payment instruments would be this mechanism.
Electronic payment instrument means a card or other tangible object for the transmission of