Credit transferbyChristian Walz23. January 2020No comments Pursuant to Section 1 para. 22 of the German Payment Services Supervision Act (ZAG), a credit transfer is… Read More
Payment transactionbyKemal Ahmedi30. September 2019No comments Payment transaction is defined in Art. 4 (5) of the Second Payment Services Directive. “Payment transaction” means an… Read More
Push paymentbyChristian Walz23. January 2020No comments A “push payment” is a payment transaction that is initiated by the payer. For example, a credit transfer… Read More