An Account Information Service provides account information services as an online service to provide consolidated information on one or more payment accounts held by a payment service user with one or more payment service provider(s).
Payment initiation Service (PIS)
A Payment Initiation Services Provider provides an online service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider.
Confirmation of Funds (CoF)
The service of confirmation of funds at the payer’s payment account in an amount sufficient to effect the payment transaction within the Compliance Scope consists in sending a request by the TPP acting as a PIISP to the ASPSP for a confirmation whether or not the PSU’s payment account has funds in the amount as determined in the request on the basis of consent granted earlier by the PSU. In response, the ASPSP sends a message in the form of ‘YES’ or ‘NO’
