{
  "url": "https://openlegislation.uk/payment-services-regulations-2017/schedule-1/paragraph-1",
  "json_url": "https://openlegislation.uk/payment-services-regulations-2017/schedule-1/paragraph-1.json",
  "legislation": "uksi/2017/752",
  "legislation_title": "The Payment Services Regulations 2017",
  "legislation_url": "https://openlegislation.uk/payment-services-regulations-2017",
  "path": "schedule/1/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "Subject to Part 2, the following, when carried out as a regular occupation or business activity, are payment services—\n(a) services enabling cash to be placed on a payment account and all of the operations required for operating a payment account;\n(b) services enabling cash withdrawals from a payment account and all of the operations required for operating a payment account;\n(c) the execution of payment transactions, including transfers of funds on a payment account with the user's payment service provider or with another payment service provider—\n(i) execution of direct debits, including one-off direct debits;\n(ii) execution of payment transactions through a payment card or a similar device;\n(iii) execution of credit transfers, including standing orders;\n(d) the execution of payment transactions where the funds are covered by a credit line for a payment service user—\n(i) execution of direct debits, including one-off direct debits;\n(ii) execution of payment transactions through a payment card or a similar device;\n(iii) execution of credit transfers, including standing orders;\n(e) issuing payment instruments or acquiring payment transactions;\n(f) money remittance;\n(g) payment initiation services;\n(h) account information services.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2017/752/schedule/1/paragraph/1",
    "retrieved_at": "2026-10-28T23:09:36.065342+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}