Payment Services Act definition

Payment Services Act means the Payment Services Act 2019 (Act 2 of 2019) of Singapore.

Payment Services Act means the Danish Act on Payment Services (consolidated act no. 613 of 24 April 2015), as amended from time to time.

Payment Services Act means Act LXXXV of 2009 on Providing Payment Services, as amended from time to time.

Examples of Payment Services Act in a sentence

• The provisions of these terms which fall under the scope of the Payment Services Act are also considered to form part of the framework agreement between the user and Arion Bank.

• Some of the services provided by Online Banking are governed by the Payment Services Act.

• If a terminal device has been used for a payment transaction within the meaning of the Payment Services Act, the customer’s responsibility for unlawful use is subject to the provisions of the Payment Services Act.

• In addition to digital payment token services, FOMO Pay holds licenses for Domestic Money Transfer Service, Cross-border Money Transfer Service and Merchant Acquisition Service under the Payment Services Act of Singapore.

• With respect to the Transactions, which constitute payment services within the meaning of the Payment Services Act of 19 August 2011, the provisions of the “Rules for opening and maintaining bank accounts for mBank S.A Private Banking Customers” shall apply accordingly.

• Finance is, however, liable for consequential or indirect loss caused by its negligence when the case involves a procedure against the obligations laid down in the Finnish Payment Services Act and Finance and the customer have not agreed otherwise on the meeting of the obligation.

• Damages payable by OP for breach of either the Payment Services Act or the agreement may be adjusted if the amount is unreasonable considering the reason for the breach, any possible contribution to the loss by the customer, the amount of consideration paid for the product/service, OP's chances of foreseeing the loss and preventing it from occurring, and any other relevant circumstances.

• XXX supplies payment services on the basis of the Payment Services Act and shall be responsible for executing Transactions on such terms and to such extent as stipulated by said Act.

• BitGo acknowledges that you must comply with provisions of the Payment Services Act (Act No. 59 of June 24, 2009, including its amendments) of Japan and other laws of Japan (“Laws of Japan”) as a virtual currency exchange business operator, and will provide the Services in compliance with Laws of Japan in accordance with your reasonable guidance.

• PayPal's obligation to manage personal accounts Under the Payment Services Act, PayPal is required to manage the sellers as merchants of PayPal's Prepaid Payment Instrument to fulfill its obligation as a facilitator of payments from the buyer to the seller, and as a counterparty to a merchant agreement entered into between PayPal and each of the sellers.

More Definitions of Payment Services Act

Payment Services Act means Act 370/2017 Coll., onPayment Services, as amended.cash withdrawals in ATMs and cash withdrawal in financial institutions accepting the Cards.b) The Card Account Holder, resp. Card Holder do not become owners of the Card by providing it to them and the respective Card Holder is only vested the right of use of the Card in accordance with the Card Account Agreement and this Terms and Conditions. There is no legal entitlement for the issuance of the Card neither for conclusion of the Agreement or any other contractual relationship with the Bank.c) Cards are issued exclusively in the Card Holder’s name, they are non-transferrable and the Card Account Holder, resp. Card Holder is not entitled to agree to the Card being used by a third party. The Bank is entitled to request the Card Account Holder or the Card Holder to submit further information, including information from other resources.d) The Bank may refuse a Card Account Holder’s request to issue a Card. In such cases, the Bank shall alwaysinform the Card Account Holder in writing or by phone, without giving the reason for such refusal.e) The Bank is authorized to modify or restrict the terms and conditions regarding the execution of various types of payment instructions involving the Card, especially in accordance with the rules of the International Association. Cards may allow for the execution of the payment instructions concerned within or outside the country. Using their Cards, Card Holders may make use of the free financial resources available on the relevant Card Account.f) An application for the provision of a Card with a Card Account is always placed by the Card Account Holder.Only one Card of one type may be issued for a single Card Account, for one specific Card Holder. The Bank decides about the provision of Card(s) at its own discretion. The Bank may at its own discretion decide to terminate issuance of a specific type of the Card, to change functionality of the Card or to transition of one specific type of the Card into another. The Bank will inform the Card Account Holder or the Card Holder about such a fact.g) The Card Account Holder agrees that the relevant Card Holder makes use of the Card Account Holder’s financial resources available in the Card Account with the use of the Card which the Bank provides for the Card Holder, and acknowledges such an agreement by attaching a signature to the Application.h) From the date on which the Card Account Agreement is signed, the Bank is entitle...

Payment Services Act means the Polish Payment Services Act of August 19th 2011 (consolidated text: Dz.U. of 2022, item 2360, as amended);

Payment Services Act means the Polish Payment Services Act of August 19th 2011;

Payment Services Act means the Danish Act on Payment Services (consolidated act no. 365 of 26 April

Payment Services Act means the Polish Payment Services Act of August 19th 2011 (consolidated text: Dz.U. of 2021, item 1907, as amended);

Payment Services Act means the Luxembourg act of 10 November 2009 on payment services, as amended.