thereof .

Banks , payment service providers , consumers , vendors

Banks , payment service providers , card schemes , processors

Starting in August 1998 , the Greek Government also concluded a number of gentleman 's agreements with commercial and industrial enterprises as well as service providers .

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

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 .

They can access multiple services if the service provides multiple services.

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 .

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

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

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 .

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 ?

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 .

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 .

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

( 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 .

This should be done on objective grounds , with the aim of managing the risks associated with payment service providers .

other relevant authorities designated under this Directive and other Community legislation applicable to payment service providers .

3 ) creation of a level playing field between participants and service providers , irrespective of their legal status or their geographical location

prudential requirements for a new category of payment service providers , namely payment institutions .

Chapter IV Obligations for intermediary payment service providers Article 12 Retaining information on the payer with the transfer Intermediary payment service providers shall ensure that all received information on the payer that accompanies a transfer of funds is retained with the transfer .

it requires payment service providers under its jurisdiction to apply the same rules as those established under this Regulation .

Finally , increased competition in the euro area would tend to speed up the move towards a more integrated banking system across participating countries , which could reduce cross country asymmetries in the transmission mechanism of monetary policy . ECB Annual Report 1999

It is expected that the majority of payment service providers could fulfil this requirement by 1 January 2010 .