For the purposes of this Regulation, the following definitions apply:
(1) "terrorist financing" means terrorist financing as defined in Article 1(5) of Directive (EU) 2015/849;
(2) "money laundering" means the money laundering activities referred to in Article 1(3) and (4) of Directive (EU) 2015/849;
(3) "payer" means a person that holds a payment account and allows a transfer of funds from that payment account, or, where there is no payment account, that gives a transfer of funds order;
(4) "payee" means a person that is the intended recipient of the transfer of funds;
(5) "payment service provider" means the categories of payment service provider referred to in Article 1(1) of Directive 2007/64/EC, natural or legal persons benefiting from a waiver pursuant to Article 26 thereof and legal persons benefiting from a waiver pursuant to Article 9 of Directive 2009/110/EC of the European Parliament and of the Council [Directive 2009/110/EC of the European Parliament and of the Council of 1
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