Link Report

“cross-border payment” shall be construed in accordance with section 85B;

(4)(a) For the purpose of subsection (3), the number of cross-border payments shall be calculated by reference to the payment services (including any payment services referred to in subsection (5)(a)) provided by the payment service provider per Member State and, subject to paragraph (b), per identifier referred to in subsection (3) of section 85B.

(b) Where a payment service provider has information that a payee has more than one identifier, as referred to in subsection (3) of section 85B, the number of cross-border payments shall be calculated per payee.

(c) the Member State of origin of the payment received by or on behalf of the payee, as determined in accordance with section 85B;

(d) the Member State of destination of any payment refund, as determined in accordance with section 85B;