Payment service user protection requires providers to give clear, fair information and comply with prescribed disclosure requirements. Payment Service Providers must protect Payment Service Users by communicating relevant information clearly and fairly so as to minimise the possibility of ... Summary
International Financial Services Centres Authority (Payment Services) Regulations, 2024
Payment service user protection requires providers to give clear, fair information and comply with prescribed disclosure requirements.
Payment Service Providers must protect Payment Service Users by communicating relevant information clearly and fairly so as to minimise the possibility of users being misled. They must also comply with the disclosure requirements prescribed in Schedule VII, alongside their obligation to safeguard user interests through clear, fair communication of relevant information.
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