thereof .

Banks , payment service providers , consumers , vendors

Banks , payment service providers , card schemes , processors

Internet service providers allocated space to Usenet libraries, and Internet service providers questioned why they needed to host space for pornography and pirated software.

In order to ensure equality of treatment throughout the Community as between the different categories of payment service provider , according to the terms of their prudential licence , it is necessary to clarify the rules concerning access to the provision of payment services and participation in payment systems .

Banks , payment service providers , mobile operators , consumers Not mandatory for banks , payment service providers and mobile operators to offer this service .

E mandate implementation guidelines to be defined . Card schemes Consumers , merchants , banks , payment service providers The Terms of Reference are currently being drawn up by the Eurosystem .

They are offered under harmonised terms and conditions in line with general market standards by individual Eurosystem central banks ( the Eurosystem service providers ) acting as dedicated service providers .

However , payment service providers may decide to grant more favourable terms to payment service users .

The Eurosystem expects SEPA providers ( banks and payment institutions ) to

It is important to facilitate the execution of cross border payments by payment service providers .

( 14 ) Until technical limitations that may prevent intermediary payment service providers from satisfying the obligation of transmitting all the received information on the payer , are removed , those intermediary payment service providers should keep records of that information .

Not mandatory for banks and payment service providers to offer this service .

Article 59 Scope This Section shall apply only if the payment service providers of both the payer and the payee are located in the Community .

Eligible customers can access the complete set of services covered by the new framework through any one of these service providers .

Entry barriers are falling owing to the development of the internet , which might increase the influx of new service providers .

Banks , payment service providers , corporates , SMEs , consumers , ACHs , public administrations E mandate will encourage the use of SDD .

TITLE II Payment service providers Chapter 1 Payment institutions SECTION 1 GENERAL RULES

equal access for service providers and users throughout Europe

Based on the framework , service providers should be able to offer e invoicing services to their customer across SEPA .

Its application should be confined to providers whose main activity consists in the provision of payment services to payment service users .

Rights and obligations of users and providers of payment services ( Title IV ) Clarity and certainty on core rights and obligations of users and providers of payment services are essential for the development of modern efficient electronic payment systems , for the trust of users and efficiency of modern business in a modern payment market .

In terms of competition the level playing field for payment service providers would be achieved .

The directive will prohibit certain restrictions on the provision of cross border services and establish clear criteria for the requirements which Member States are allowed to impose on service providers from other EU countries .

Payment service providers are explicitly obliged to find always a corresponding payment .

Central banks acting as monetary authorities and public authorities which provide payment services are not considered to be payment service providers .

That should apply only in the case of payments effected solely in the currency of a Member State and not involving currency exchanges and where both payment service providers are located in the Community .

If properly implemented , the directive will yield clear benefits for both service providers and users .

( c ) trust or company service providers not already covered under points ( a ) or ( b )

It is appropriate to limit the application of this Directive to payment service providers that issue electronic money .

Banks and payment service providers not offering direct debit services are invited to adhere as debtors as a minimum .

Payment service providers which will be active in the direct debit domain are expected to offer SDD .

2.5 Access conditions Are you aware of access conditions to specific service providers which could be considered discriminatory ?

There will be a transitional period for certain already established payment service providers with regard to compliance with the provisions in Title II of this Directive .

Furthermore , both Eurosystem service providers and the other central banks of the Eurosystem may offer additional reserve management services in euro on an individual basis .

a rule which discriminates between authorised payment service providers in relation to the rights , obligations and entitlements of participants

As currently drafted , it is not clear if all categories of payment service providers may provide payment accounts .

There will be a transitional period for certain already established electronic money institutions with regard to compliance with the provisions in Title II of the Directive .

Furthermore , both Eurosystem service providers and the other central banks of the Eurosystem may offer additional reserve management services in euro on an individual basis .

It makes specific reference to trust and company service providers and also includes life insurance intermediaries .

Payment service providers shall ensure that transfers of funds are accompanied by the complete information on the payer .

As long as restrictions on freedom to provide services have not been abolished , each Member State shall apply such restrictions without distinction on grounds of nationality or residence to all persons providing services within the meaning of the first paragraph of Article 56 .

( b ) a rule which discriminates between authorised payment service providers in relation to the rights , obligations and entitlements of participants

) br Vamos à vitória, Varzim... (We're going to win, Varzim...) br Varzim, Varzim, Varzim!

Payment service is a business activity consisting in the execution of payment transactions on behalf of a natural or legal person , where at least one of the payment service providers is located in the European Community .