Directive (EU) 2015/2366 of the European Parliament and of the CouncilShow full title

Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (Text with EEA relevance)

PAYMENT SERVICES (as referred to in point (3) of Article 4)

1.Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.

2.Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account.

3.Execution of payment transactions, including transfers of funds on a payment account with the user’s payment service provider or with another payment service provider:

(a)

execution of direct debits, including one-off direct debits;

(b)

execution of payment transactions through a payment card or a similar device;

(c)

execution of credit transfers, including standing orders.

4.Execution of payment transactions where the funds are covered by a credit line for a payment service user:

(a)

execution of direct debits, including one-off direct debits;

(b)

execution of payment transactions through a payment card or a similar device;

(c)

execution of credit transfers, including standing orders.

5.Issuing of payment instruments and/or acquiring of payment transactions.

6.Money remittance.

7.Payment initiation services.

8.Account information services.