# The Payment Services Regulations 2017, Paragraph 1


Subject to Part 2, the following, when carried out as a regular occupation or business activity, are payment services—
(a) services enabling cash to be placed on a payment account and all of the operations required for operating a payment account;
(b) services enabling cash withdrawals from a payment account and all of the operations required for operating a payment account;
(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—
(i) execution of direct debits, including one-off direct debits;
(ii) execution of payment transactions through a payment card or a similar device;
(iii) execution of credit transfers, including standing orders;
(d) the execution of payment transactions where the funds are covered by a credit line for a payment service user—
(i) execution of direct debits, including one-off direct debits;
(ii) execution of payment transactions through a payment card or a similar device;
(iii) execution of credit transfers, including standing orders;
(e) issuing payment instruments or acquiring payment transactions;
(f) money remittance;
(g) payment initiation services;
(h) account information services.

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Source: https://www.legislation.gov.uk/uksi/2017/752/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/payment-services-regulations-2017/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.