Account information service
Subject to any exceptions, account information services are payment services which are subject to registration. According to Section…
Acquisition business
According to the legal definition contained in S. 1 para. 35 sentence 1 of the German Act on…
Alternative payment methods
The term “alternative payment methods” is usually used to describe all payment methods other than the traditional ones…
BIC (Business Identifier Code)
“BIC” is the abbreviation for Business Identifier Code. The BIC is an alphanumeric code through which payment service…
Cardholder
The cardholder is the holder of a payment card. The cardholder assumes the role of the payer in…
Carrier Billing
“Carrier billing” refers to the possibility of paying for goods and services via one’s mobile phone bill. Carrier…