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Article 1 › 2

IFR

This Regulation does not apply to services based on specific payment instruments that can be used only in a limited way, that meet one of the following conditions: (a) instruments allowing the holder to acquire goods or services only in the premises of the issuer or within a limited network of service providers under direct commercial agreement with a professional issuer; (b) instruments which can be used only to acquire a very limited range of goods or services; (c) instruments valid only in a single Member State provided at the request of an undertaking or a public sector entity and regulated by a national or regional public authority for specific social or tax purposes to acquire specific goods or services from suppliers having a commercial agreement with the issuer.

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Source: EUR-Lex CELLAR · retrieved 2026-08-27