DCC (Dynamic currency conversion)byChristian Walz30. September 2019No comments Dynamic currency conversion (DCC) is a procedure through which the currency of a payment transaction can be automatically… Read More
Debit cardbyChristian Walz30. September 2019No comments A debit card is a payment card which results in the payment amount being debited from the cardholder’s… Read More
Direct debitbyRamona-Patricia Liegl5. November 2019No comments The term “direct debit” refers to a payment transaction, as defined in Section 1 para. 21 of the… Read More
Direct debit businessbyChristian Walz5. November 2019 Pursuant to the legal definition contained in Section 1 para. 1 sentence 2 no. 3a) of the German… Read More
Disbursement businessbyChristian Walz30. September 2019No comments According to the statutory definition in S. 1 para. 1 sentence 2 no. 2 of the German Act… Read More
E-moneybyChristian Walz30. September 2019No comments According to Section 1 para. 2 sentence 3 of the German Payment Services Supervision Act (ZAG), e-money is… Read More
E-money agentbyChristian Walz7. October 2019No comments According to Section 1 para. 10 ZAG, an e-money agent is an independent trader who acts on behalf… Read More
E-money businessbyChristian Walz30. September 2019No comments According to Section 1 para. 2 sentence 2 of the German Payment Services Supervision Act (ZAG), e-money business… Read More
E-money institutionbyChristian Walz11. November 2019 The term e-money institution is defined in Section 1 para. 2 sentence 1 No. 1 of the of… Read More
FinTechbyMarina von Wallenberg-Pachaly9. July 2020No comments There is no generally applicable definition of the term “FinTech”. It is a combination of the words “financial… Read More