AU-1.2.23

Past version: Effective from 01 Oct 2019 to 30 Sep 2019
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Payment Initiation Service Provider (PISP) is restricted to providing the technology or other means in order to initiate a payment order and the handling of communication or electronic documents between the customer and the licensees should the terms of the offer include such services. PISPs must not receive or otherwise handle customer funds in the course of providing payment initiation services.

Amended: October 2019
Amended: January 2019
Added: December 2018