2. — Directive 2007/64/EC of the European Parliament and of the Council of 13…

2.

Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC (Text with EEA relevance) · European Union

on use of the payment service: a description of the main characteristics of the payment service to be provided; a specification of the information or unique identifier that has to be provided by the payment service user in order for a payment order to be properly executed; the form of and procedure for giving consent to execute a payment transaction and withdrawal of such consent in accordance with Articles 54 and 66; a reference to the point in time of receipt of a payment order as defined in Article 64 and the cut-off time, if any, established by the payment service provider; the maximum execution time for the payment services to be provided; and whether there is a possibility to agree on spending limits for the use of the payment instrument in accordance with Article 55(1);

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.