{
  "url": "https://openlegislation.uk/payment-services-regulations-2017/schedule-4/paragraph-2",
  "json_url": "https://openlegislation.uk/payment-services-regulations-2017/schedule-4/paragraph-2.json",
  "legislation": "uksi/2017/752",
  "legislation_title": "The Payment Services Regulations 2017",
  "legislation_url": "https://openlegislation.uk/payment-services-regulations-2017",
  "path": "schedule/4/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "The following information about the payment service—\n(a) a description of the main characteristics of the payment service to be provided;\n(b) the information or unique identifier that must be provided by the payment service user in order for a payment order to be properly initiated or executed;\n(c) the form and procedure for giving consent to the initiation of a payment order or execution of a payment transaction and for the withdrawal of consent in accordance with regulation 67 (consent and withdrawal of consent);\n(d) a reference to the time of receipt of a payment order, in accordance with regulation 81 (receipt of payment orders), and the cut-off time, if any, established by the payment service provider;\n(e) the maximum execution time for the payment services to be provided;\n(f) whether spending limits for the use of a payment instrument may be agreed in accordance with regulation 71(1) (limits on the use of payment instruments);\n(g) in the case of co-badged card-based payment instruments, the payment services user's rights under Article 8 of the interchange fee regulation.",
  "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/4/paragraph/2",
    "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."
}