Nor should this Directive fruit gokkasten 2014 apply to payment transactions based on paper cheques since, by their nature, paper cheques cannot be processed as efficiently as other means of payment.
The payment institution shall notify to the competent authorities of the home Member State the date from which it commences its activities through the agent or branch in the relevant host Member State.
Member States shall ensure that decisions taken by the competent authorities in respect of a payment institution pursuant to the laws, regulations and administrative provisions adopted in accordance with this Directive may be contested before the courts.
(40) This Directive should regulate the granting of credit by payment institutions, namely bingo rotterdam ijsselmonde the granting of credit lines and the issuance of credit cards, only where it is closely linked to payment services.An authorisation shall be valid in all Member States and shall allow the payment institution concerned roulette letra español ingles to provide the payment services that are covered by the authorisation throughout the Union, pursuant to the freedom to provide services or the freedom of establishment.Payment services offered via internet or via other at-distance channels, the functioning of which does not depend on where the device used to initiate the payment transaction or the payment instrument used are physically located, should therefore include the authentication of transactions through dynamic codes.The provisions of those Directives continue to apply.In any event, the payer should always be protected by the general refund rule in the case of unauthorised or incorrectly executed payment transactions.EBA should assist in resolving disputes between competent authorities in the context of cross-border cooperation in accordance with Regulation (EU) No 1093/2010.To ensure the reliability among payment service providers and intermediaries taking part in a payment transaction, legal certainty is necessary to the effect that a non-responsible payment service provider is compensated for losses incurred or sums paid pursuant to the provisions of this Directive relating.
Differing application practices also distort competition in the payment market.
EBA should develop guidelines in accordance with Article 16 of Regulation (EU) No 1093/2010 on the criteria to be used by Member States to establish the minimum monetary amount of professional indemnity insurance or comparable guarantee.
Regulation (EC) No 593/2008 of the European Parliament and of the Council (24) provides that the protection afforded to consumers by the mandatory rules of the law of the country in which they have their habitual residence is not to be undermined by any contractual.Similarly, subsequent information on payment transactions under a framework contract should also be provided on a monthly basis free of charge.In order to ensure equality of treatment throughout the Union as between the different categories of authorised payment service providers, according to the terms of their licence, it is necessary to clarify the rules concerning access to payment systems.Section 4 Exemption Article 32 Conditions. .On the other hand, however, in order to avoid fragmentation and jeopardising the setting-up of integrated payment systems in the Union, Member States should not be allowed to require a particular identifier to be used for payment transactions.The parties may agree that it shall not apply in whole or in part when the payment service user is not a consumer.This raises a series of legal issues, such as consumer protection, security and liability as well as competition and data protection issues, in particular regarding protection of the payment service users data in accordance with Union data protection rules.