Examples of Online Payment Account in a sentence
In accordance with the law, Paynovate applies Strong Client Authentication when it: ● accesses the Client’s Online Payment Account; ● initiates an Electronic Payment Transaction; ● executes an Operation through a means of remote communication, which may involve a risk of fraud in payment or other fraudulent use.
You are not obliged to use the services of a TPP for your Online Payment Account but, if you do, it is your responsibility to read the terms and conditions of the TPP.
You can instruct a PISP to initiate a payment on your Online Payment Account by following their procedures (make sure they give them to you).
Once each 90 day period passes, you need to authorise us again (in the way set out in this clause) if you wish us to continue to share information on your Online Payment Account with your AISP.
If you send your TPP a cancellation when we are processing an instruction from them or to get access to information about your Online Payment Account, it may be too late for us to cancel the instruction; and, if so, you permit us to obey it.
If we receive a request from a TPP to access your Online Payment Account details or initiate a payment, we respond to it as if all or both of you had have made the request or asked the TPP to make it on behalf of each of you.
You can instruct an AISP to access and hold details of your Online Payment Account by following their procedures (make sure they give them to you).
If we receive an instruction from a PISP to initiate a payment on your Online Payment Account, we will treat this as an instruction from you.
If the Online Payment Account is in the name of two or more of you, one of you can instruct a TPP to access your Online Payment Account details or initiate a payment on your Online Payment Account by using the TPP’s procedures and ours.
Once you have done this you authorise us to answer a CBPPII request to find out whether money is available in your Online Payment Account to meet a card payment.