Regulation
Regulation (EU) 2015/751 of the European Parliament and of the Council of 29 April 2015 on interchange fees for card-based payment transactions · st:ifr
Primary text ↗Verified
Dates
2015-06-08 source
In force from
Key provisions
2 in the graphThe article’s own text, quoted verbatim from the primary source below — a citable fact, not a summary. No plain-English explanation is shown: writing one would be legal analysis nobody sourced (docs/RULES.md R1). That register is reserved should sourced explanations be added later, and will never share this card’s styling.
Article 2, point (1) (Definition of "acquirer")
prov:ifr-art2-acquirer
ARTICLE TEXT — VERBATIM, TIER B
'acquirer' means a payment service provider contracting with a payee to accept and process card-based payment transactions, which result in a transfer of funds to the payee; source
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Acquire card-based payment transactions (card acquiring)
Article 2, point (2) (Definition of "issuer")
prov:ifr-art2-issuer
ARTICLE TEXT — VERBATIM, TIER B
'issuer' means a payment service provider contracting to provide a payer with a payment instrument to initiate and process the payer's card-based payment transactions; source
PLAIN-ENGLISH EXPLANATION
Not built — see docs/RULES.md R1. This register is reserved for a future, separately sourced and cited explanation; it will never be filled with unsourced prose.
Grants (in the graph) Issue card-based payment instruments (card issuing)
National regimes implementing it
One statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.
No regime in the loaded snapshot cites this statute.
Sources
Article 2, point (1) (Definition of "acquirer") · Article 2, point (2) (Definition of "issuer")Regulation (EU) 2015/751 of the European Parliament and of the Council of 29 April 2015 on interchange fees for card-based payment transactionshttp://publications.europa.eu/resource/celex/32015R0751?language=ENG
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