1. Payment services (also called"basic payment services"): refers to the collection and payment services provided by Alipay with Alipay software system and other affiliate systems to you and other customers, including the balance payment, Yu’E Bao payment, and debit card express checkout (but ...
Please refer to theAnnexfor an outline of the expanded scope of activities under these payment services (Newly Scoped-in Payment Services) as set out in the Amendment Act. The Consultation Paper sets out the proposed amendments to be put in place ...
regulations intended to increase the security of payment transactions within the European market, as well as enabling greater competition through the expansion of payment services. The PSD2 also had to be "translated" into German law. In this respect, the German Payment Services Supervision Act, ...
In Germany, this regulation was defined in the Payment Services Supervision Act (ZAG) and can also be found in § 270a of the German Civil Code (BGB). Additional fees are permitted for other payment terms, such as PayPal. However, this fee must correspond to the actual costs incurred by...
The Bill proposes to expand the definition of cross-border money transfer services to cover entities in different countries. Depending on the reputational risks and factors surrounding ML/TF, licenses subject to MAS' AML/CFT regulations are to be acquired. ...
The Company is required to comply with all applicable laws, regulations, notices and guidelines issued by the relevant government and regulatory authority, including the Payment Services Act 2019 of Singapore and MAS Notice PSN01 on Prevention of Money Laundering and Countering the Financing of Terrori...
Payment Services Regulations Review and Call for Evidence Press here The Consumer Duty applies from July 2023 Learn more Incoming regulation for cryptocurrency HM Treasury publishes proposals on 1 February 2023 Leran more About the firm Home
If you have not processed any transactions through the WeChat Pay Cross-Border Payment Service within ninety (90) calendar days after opening a WeChat Pay account, Tenpay shall be entitled to suspend the WeChat Pay Cross-Border Payment Service without assuming any liability. ...
Singapore’s new payment services framework, the Payment Services Act (PS Act), effective from 28 January 2020, is an activities-based, risk-proportionate regulatory regime governing payment service providers (PSPs) and designated payment systems (DPS). The PS Act and the various subsidiary regula...
What is provided for in s.75 of Consumer Credit Act 1974? 2 What does s.83 provide for in Consumer Credit Act 1974? 3 What is s.84 providing for in Consumer Credit Act 1974? 4 What does s.74 provide for in the Payment Service Regulations 2017? Don't know? Terms in this set (...