Comparative law notes
In the payment services context, defined in Article 2(21) of Regulation (EU) No 260/2012 as the expression of consent and authorisation given by the payer to the payee and (directly or indirectly via the payee) to the payer's payment service provider to allow the payee to initiate a collection for debiting the payer's specified payment account and to allow the payer's payment service provider to comply with such instructions.