payment institution

Definition of payment institution from Regulation (EU) 2023/1114, Article 3(1), point (46).

Defined term	payment institution
Source	MiCA
Reference	Article 3(1), point (46)
Status	Published
Refresh rule	Regenerate after source legal-text changes

Definition

(46) 'payment institution' means a payment institution as defined in Article 4, point (4), of Directive (EU) 2015/2366;

Source

MiCA, Article 3(1), point (46).

Imported Definition

MiCA imports this definition from PSD2.

(4) 'payment institution' means a legal person that has been granted authorisation in accordance with Article 11 to provide and execute payment services throughout the Union;

Open PSD2 definition page

Definition Chain

1. MiCA Article 3(1), point (46)
2. PSD2 Article 4, point (4)

Used In MiCA

• Article 24
• Article 63
• Article 64
• Article 70