(1) A payment service agreement may provide that a low-value payment instrument be made available to the payment service user. A low-value payment instrument is a means
1. with which only individual payment transactions that do not exceed 30 euros can be initiated,
2. which has a spending limit of 150 euros, or
3. which stores funds that do not exceed 150 euros at any time.
In the cases governed by nos. 2 and 3, the maximum amount is increased to 200 euros if the low-value payment instrument can be used only for domestic payment transactions.
(2) In the cases governed by subsection (1), the parties may agree that
1. the payment service provider is not obliged to offer amendments to the conditions of the contract in the form provided for in section 675g (1),
2. section 675l (1) sentence 2, section 675m (1) sentence 1 nos. 3 and 5, as well as sentence 2, and section 675v (5) are not to be applied if the low-value payment instrument cannot be blocked or its further use cannot be prevented,
3. sections 675u, 675v subsections (1) to (3) and subsection (5), sections 675w and 676 are not to be applied if the use of the low-value payment instrument cannot be attributed to any payment service user, or if the payment service provider is not in a position for other reasons that are intrinsic to the low-value payment instrument itself to prove that a payment transaction was authorised,
4. by way of derogation from section 675o (1), the payment service provider is not required to notify the payment service user of their refusal of the payment order if the non-execution is apparent from the context,
5. by way of derogation from section 675p, the payer may not revoke the payment order after transmitting the payment order or giving their consent to execute the payment transaction to the payee, or
6. other execution periods than those specified in section 675s apply.
(3) Sections 675u and 675v are not to be applied to e-money if the payer’s payment service provider does not have the opportunity to block the payment account on which the e-money is stored, or the low-value payment instrument. Sentence 1 applies only to payment accounts on which the e-money is stored, or to low-value payment instruments having a maximum value of 200 euros.