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Version status: Entered into force | Document consolidation status: No known changes
Version date: 22 March 2020 - onwards
Version 2 of 2

Article 1

In Chapter 4 of Title XI of Directive 2006/112/EC, the following Section is inserted:

'Section 2a General obligations of payment service providers

Article 243a

For the purposes of this Section, the following definitions apply:

(1) "payment service provider" means any of the categories of payment service providers listed in points (a) to (d) of Article 1(1) of Directive (EU) 2015/2366 of the European Parliament and of the Council [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 (OJ L 337, 23.12.2015, p. 35).] or a natural or legal person benefiting from an exemption in accordance with Article 32 of that Directive;

(2) "payment service" means any of the business activities set out in points (3) to (6) of Annex I to Directive (EU) 2015/2366;

(3) "payment" means, subject to the exclusions provided for in Article 3 of Directive (EU) 2015/2366, a "payment transaction" as defined in point (5) of Article 4 of that Directive or a "money remittance" as defined in point (22) of Article 4 of that Directive;

(4) "payer" means "payer" as defined in point (8) of Article 4 of Directive (EU) 2015/2366;

(5) "payee" means "payee" as defined in point (9) of Article 4 of Directive (EU) 2015/2366;