payment institution

Definition of payment institution from Directive (EU) 2015/2366, Article 4, point (4).

Defined term	payment institution
Source	PSD2
Reference	Article 4, point (4)
Status	Published
Refresh rule	Regenerate after source legal-text changes

Definition

(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;

Source

PSD2, Article 4, point (4).

Used In MiCA

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