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imported>Doug Williamson |
imported>Administrator |
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| ''Payment systems''.
| | Statutory Instrument. |
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| (PSP).
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| 1.
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| Defined broadly, a payment service provider is an organisation that:
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| *provides payment services to others that are not participants in a payment system
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| *for the purposes of enabling the transfer of funds using the payment system.
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| 2.
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| In a narrower sense, an online payment service provider (PSP) enables e-commerce merchants to accept payments on the merchant's own website.
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| <span style="color:#4B0082">'''''UK PSPs to remain in SEPA'''''</span>
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| :"Whatever shape Brexit takes, UK payment service providers (PSPs) will continue to take part in the Single Euro Payments Area (SEPA).
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| :SEPA managing authority the European Payments Council (EPC) announced the decision in March, following an application that trade body UK Finance filed with the EPC late last year."
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| :''The Treasurer magazine, Cash Management Edition April 2019, p8.
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| == See also == | | == See also == |
| *[[Aggregator]] | | * [[Statutory instrument]] |
| *[[AISP]]
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| *[[Authorised payment institution]]
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| *[[Brexit]]
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| *[[e-commerce]]
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| *[[European Association of Payment Service Providers for Merchants]]
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| *[[Faster Payments Service]]
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| *[[Fintech]]
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| *[[Information technology]]
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| *[[Merchant]]
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| *[[P2P]]
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| *[[Payment system]]
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| *[[Payment Systems Regulator]]
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| *[[PISP]]
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| *[[Single Euro Payments Area]]
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| *[[TTP]]
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| [[Category:Cash_management]]
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Revision as of 14:20, 23 October 2012
Statutory Instrument.
See also
