Section 69(2)

Where a payer gives explicit consent in accordance with regulation 67 (consent and withdrawal of consent) for a payment to be executed through a payment initiation service provider, the payer's account servicing payment service provider must— communicate securely with the payment initiation service provider in accordance with the technical standards made under regulation 106A; immediately after receipt of the payment order from the payment initiation service provider, provide or make available to the payment initiation service provider all information on the initiation of the payment transaction and all information accessible to the account servicing payment service provider regarding the execution of the payment transaction; treat the payment order in the same way as a payment order received directly from the payer, in particular in terms of timing, priority or charges, unless the account servicing payment service provider has objective reasons for treating the payment order differently; not require the payment initiation service provider to enter into a contract before complying with the preceding sub-paragraphs.

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Source: legislation.gov.uk · retrieved 2026-09-04