(1) By means of a single payment service contract, the payment service provider is obliged to execute a payment transaction for the person availing themselves of a payment service as a payer, payee or in both capacities (payment service user).
(2) Through a framework contract on payment services, the payment service provider is obliged to execute individual and successive payment transactions for the payment service user, as well as where appropriate to maintain a payment account in the payment service user’s name or in the names of several payment service users. A framework contract on payment services also may be a component of another agreement or be connected to another agreement.
(3) The payment service user is entitled to use a payment initiation service or an account information service unless the payment account of the payment service user is not accessible to them online. The account servicing payment service provider may not make the use of these services by the payment service user contingent on the payment initiation service provider or the account information service provider concluding a contract for this purpose with the account servicing payment service provider.
(4) A payment transaction is any placing, transfer or withdrawal of an amount of money, regardless of the underlying legal relationship between the payer and the payee. A payment order is any instruction that a payer issues to their payment service provider to execute a payment transaction, either directly or indirectly through a payment initiation service provider or the payee.
(5) The payment service user is obliged to effect payment to the payment service provider in respect of the charge agreed for the provision of a payment service. The payment service provider is entitled to claim a charge for the fulfilment of ancillary obligations under this Subtitle only if this is permitted and has been agreed between the payment service user and the payment service provider; this charge must be appropriate and in line with the payment service provider’s actual costs.
(6) A framework contract on payment services between the payee and their payment service provider may not rule out the right of the payee to offer a reduction or some other incentive to the payer for the use of a certain payment instrument.