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Glossary term

Payment initiation service provider

What does "Payment initiation service provider" mean under the Instant Payments Regulation?

A payment initiation service provider as defined in Article 4, point (18), of Directive (EU) 2015/2366 of the European Parliament and of the Council:

Payment initiation service provider means a payment service provider pursuing business activities as referred to in point (7) of Annex I

Defined in / by

Last updated: 22 August 2026.