Payment System Act definition
Examples of Payment System Act in a sentence
The provisions of Articles 42 through 45 and Article 46 (1), (2) (1), (2) and (3) and (4) in so far as they relate to fraud, and (5) of the Payment System Act do not apply to our contractual relationship.
Pursuant to Article 33, Paragraph 1, Subparagraph 2 of the Payment System Act (OG 66/18), we are under no obligation to prove that the authentication of the payment transaction was performed, that the payment transaction was properly entered and recorded, and that the execution of the payment transaction was not affected by a technical malfunction or other defect of our service.
This will introduce into Czech law the possibility of out-of-court settlement of disputes arising from transfers and from the issuance and use of electronic means of payment under the Payment System Act.
Velox Solutions Corp Limited is authorized by the Bank of Uganda under the National Payment System Act, 2020.
A Basic Payment Account is defined by the Payment System Act whose amendment, with effect from 1 March 2017, provides for an obligation to provide a Basic Payment Account with the basic payment services.
Members Personal Information will however be archived for a period of 5 years from the date of each particular record, as is required by the National Payment System Act 78 of 1998.
If the due date falls on a Saturday, Sunday, day off or a non-working day within the meaning of the valid and effective legal regulations of the Czech Republic or on 31 December or on a day which is not a working day pursuant to the valid version of the Payment System Act, the due date shall be postponed to the nearest following working day.