For domestic credit card transactions Member States may define a lower per transaction interchange fee cap.

For domestic credit card transactions Member States may define a lower per transaction interchange fee cap.

“three-party payment card scheme” means a payment card scheme where both the issuing and the acquiring of payment transactions under the scheme’s brand are performed by the entity governing the card scheme in which payments are made from a payment account held by the scheme on behalf of the cardholder to a payment account held by the scheme on behalf of the payee, and card based transactions based on the same structure.When If a three party payment card scheme licenses other payment service providers for the issuance of its card based payment instruments and/or the acquiring of payment cards its card based payment transactions, it is con ...[+++]sidered as a four party payment card scheme; ’

‘exploration’ means drilling into a prospect and all related offshore oil and gas operations necessary prior to production-related operations.

limit its objects to the business of reinsurance and related operations; this requirement may include a holding company function and activities with respect to financial sector activities within the meaning of Article 2, point (8), of Directive 2002/87/EC;

limit its objects to the business of reinsurance and related operations; this requirement may include a holding company function and activities with respect to financial sector activities within the meaning of Article 2, point (8), of Directive 2002/87/EC.