2. The following activities do not constitute payment services -
(a) payment transactions executed wholly in cash and directly between the payer and the payee, without any intermediary intervention;
(b) payment transactions between the payer and the payee through a commercial agent authorised to negotiate or conclude the sale or purchase of goods or services on behalf of the payer or the payee;
(c) the professional physical transport of banknotes and coins, including their collection, processing and delivery;
(d) payment transactions consisting of non-professional cash collection and delivery as part of a not-for-profit or charitable activity;
(e) services where cash is provided by the payee to the payer as part of a payment transaction for the purchase of goods or services following an explicit request by the payer immediately before the execution of the payment transaction;
(f) money exchange business consisting of cash-to-cash operations where the funds are not