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The PSR has an effect on firms providing payment solutions as well as their clients. These corporations include things like financial institutions, non-financial institution charge card issuers and non-financial institution merchant acquirers, e-money issuers, and so forth. The PSRs developed a new class of regulated firms referred to as payment establishments (PIs), who are issue to prudential prerequisites. Posting 87 from the PSD needs the eu Fee to report to the implementation and impact on the PSD by one November 2012.
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