CELEX: 32020R2011
Language: en
Date: 2020-12-01 00:00:00
Title: Regulation (EU) 2020/2011 of the European Central Bank of 1 December 2020 amending Regulation (EU) No 1409/2013 on payments statistics (ECB/2013/43) (ECB/2020/59)

11.12.2020            EN                              Official Journal of the European Union                                       L 999/1
                                                                          II
                                                                 (Non-legislative acts)
                                                            REGULATIONS
                                  REGULATION (EU) 2020/… OF THE EUROPEAN CENTRAL BANK
                                                                of 1 December 2020
                  amending Regulation (EU) No 1409/2013 on payments statistics (ECB/2013/43) (ECB/2020/59)
      The GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,
      Having regard to the Treaty on the Functioning of the European Union, and in particular Article 127(2) thereof,
      Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular
      Article 5 thereof,
      Having regard to Council Regulation (EC) No 2533/98 of 23 November 1998 concerning the collection of statistical
      information by the European Central Bank (1), and in particular Articles 5(1) and 6(4) thereof,
      Whereas:
      (1)     Information relating to payments and payment systems statistics collected pursuant to Article 2(1) of Regulation
              (EC) No 2533/98 is essential for identifying and monitoring developments in the payments markets within the
              Member States. The European Central Bank (ECB) collects country-specific and comparative payments statistics so
              that it is able to fulfil its task of promoting the smooth operation of payment systems in the Union and thus helps
              contribute to the smooth conduct of policies relating to the prudential supervision of credit institutions and the
              stability of the financial system.
      (2)     Given that payments are effected by means of payment instruments and processed by payment systems, collecting
              statistical information on payment instruments is necessary to ensure the smooth operation of the systems through
              which they pass. In addition, as standards in respect of payment instruments are determined by payment schemes,
              the collection of statistical information concerning the operation of payment schemes is necessary to contribute to
              the smooth functioning of those payment systems. For these purposes, the ECB requires statistical information on
              an annual and on an semi-annual basis. Therefore, the reporting frequency should be increased.
      (3)     In light of the interconnection between payment instruments and payment systems, the smooth operation of
              payment systems is dependent on public confidence in payment instruments. Financial loss due to fraud
              undermines public confidence in payment instruments and it is therefore important to adopt measures that ensure
              that payment instruments are secure and that their users and the payment systems through which such payments
              pass are also secure. It is therefore duly justified to monitor the levels of fraud, and the means by which such fraud
              is carried out, to ensure the safety, security and efficiency of those instruments, thereby ensuring their smooth
              operation.
      (1) OJ L 318, 27.11.1998, p. 8.
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      (4)     Directive (EU) 2015/2366 of the European Parliament and of the Council (2) requires Member States to ensure that
              payment service providers (PSPs) provide their competent authorities, at least on an annual basis, statistical
              information on fraud relating to different means of payment. Detail on this statistical information, as well as the
              aggregated data that the competent authorities have to share with the EBA and the ECB is provided in the EBA
              Guidelines on reporting requirements for fraud data (3). As the EBA Guidelines focus on the reporting of data that
              are relevant mostly for supervisory purposes, it is necessary to ensure that the statistical information available to the
              ECB will allow it to effectively perform its oversight tasks, for example, by accurately monitoring trends in new
              payment services, formulating policies in rapidly-evolving retail payment markets and assessing the degree of safety
              and efficiency of the payment instruments to mitigate the specific risks (e.g. financial and operational risks) relating
              to the individual payment schemes. As a consequence, more detailed reporting of information on fraud should be
              required. Reporting agents should therefore report not only statistical information on fraud per payment
              instrument (e.g. card-based payment instruments, credit transfers, direct debits) as foreseen by the EBA Guidelines,
              but should also report more detailed data on payment channels, payment schemes, cross border card-based
              payment transactions and country breakdowns. In order to simplify the reporting requirements for reporting
              agents, the frequency of reporting should correspond with the frequency of reporting under the EBA Guidelines.
      (5)     For the same reasons and to ensure consistent reporting, the definitions and the methodology laid down in
              Regulation (EU) No 1409/2013 of the European Central Bank (ECB/2013/43) (4) should be aligned with the
              definitions and the methodology laid down in Directive (EU) 2015/2366, as far as applicable for the purposes of
              ESCB tasks.
      (6)     More generally the methodology according to which statistical information on payments and payment systems is
              collected should take account of developments in the legal framework for the regulation of payments within the
              Union. Any reform of the regulation of payments in the Union should therefore be taken into consideration when
              determining the methodology for the collection of statistical information concerning such payments. Accordingly,
              provisions in Directive (EU) 2015/2366 relating to additional payment services, payment initiation services,
              account information services and the licensing and supervision of new types of PSPs, payment initiation service
              providers and account information service providers should be taken into account to ensure that information in the
              area of payments and payment system statistics is complete. It is therefore necessary to collect information on the
              activities of these new PSPs and, in particular, on the services they provide, to understand the roles they perform in
              the economy. Existing reporting requirements should therefore be extended to include information relating to the
              activities of these new types of PSPs, as well as information relating to strong customer authentication and any
              exemptions to its application, so that the European System of Central Banks is able to fulfil its independent
              oversight tasks.
      (7)     In order to monitor cross-border trade and improve the overall quality of the information required to compile
              balance of payments statistics, in particular on the item on travel, transport and the item on online trade in goods
              and services (e-commerce), further detail on card-based payment transactions is required. The collection of
              statistical information on the merchant’s sector of activity, by means of the merchant category code (MCC), and the
              collection of card-based payment transactions on a worldwide basis allows for an in-depth analysis of international
              payment transactions and an accurate allocation of payments across the various categories of goods and services.
              For the same reason, reporting agents should be required to report these statistics quarterly, and within shorter
              deadlines in order to enhance their relevance and utility and contribute to the compilation of quarterly balance of
              payments.
      (8)     Ensuring the collection of the most relevant information within effective methodologies allows for the compilation
              of accurate statistics. A greater reporting frequency and a more detailed geographical breakdown of payments
              statistics is therefore necessary to improve the assessment of the short term developments in economic activity,
              including quarterly private consumption, which comprises a central component of GDP forecasting.
      (2) Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal
          market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing
          Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).
      (3) European Banking Authority Guidelines on reporting requirements for fraud data under Article 96(6) PSD2, EBA/GL/2018/05.
      (4) Regulation (EU) No 1409/2013 of the European Central Bank of 28 November 2013 on payments statistics (ECB/2013/43) (OJ L 352,
          24.12.2013, p. 18).
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      (9)      In light of the principle of proportionality, national central banks (NCBs) should be able to grant derogations to
               reporting agents in respect of the statistical reporting requirements set out in this Regulation under specific
               conditions, where the granting of such derogations does not impede the ESCB from effectively fulfilling its tasks. In
               addition, NCBs should have the power to collect the necessary statistical information on payments via the relevant
               national competent authority (NCA) that already collects data from reporting agents, in accordance with local
               cooperation arrangements. Equally, it should be possible for the confidential statistical information on fraud
               collected under this Regulation to be transmitted to an NCA to facilitate the data collection under Directive
               (EU) 2015/2366, provided that the rules for the protection and use of confidential statistical information in
               Regulation (EC) No 2533/98 are met.
      (10)     The European Commission was consulted on the amendments to the statistical requirements set out in Regulation
               (EU) No 1409/2013 (ECB/2013/43) in accordance with Article 5(2) of Regulation (EC) No 2533/98.
      (11)     In order to allow reporting agents sufficient time to prepare, first reporting should not apply for a period of at least
               12 months from the date of adoption of this Regulation.
      (12)     Regulation (EU) No 1409/2013 of the European Central Bank (ECB/2013/43) should therefore be amended
               accordingly,
      HAS ADOPTED THIS REGULATION:
                                                                        Article 1
                                        Amendments to Regulation (EU) No 1409/2013 (ECB/2013/43)
      Regulation (EU) No 1409/2013 (ECB/2013/43) is amended as follows:
      (1) Article 1 is amended as follows:
           (a) point (b) is replaced by the following:
                 ‘(b) “payment service provider”, “payment institution”, “payment system” and “payment transaction” have the same
                       meaning as defined in Article 4 of Directive (EU) 2015/2366 of the European Parliament and of the
                       Council (*);
                 _____________
                 (*) Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment
                      services in the internal market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and
                      Regulation (EU) No 1093/2010, and repealing Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).’;
           (b) the following point (e) is added:
                 ‘(e) “payment service” means any of the business activities listed in Annex I to Directive (EU) 2015/2366 or any of
                       the services listed in Article 4(3)(a) of this Regulation.’;
      (2) Article 2 is replaced by the following:
           ‘Article 2
           Actual reporting population
           The actual reporting population shall consist of payment service providers (including electronic money issuers) and
           payment system operators.’;
      (3) in Article 3, paragraph 1 is replaced by the following:
           ‘1.      The actual reporting population referred to in Article 2 shall report the statistical information to the NCB of the
           Member State in which the relevant reporting agent is resident, either directly or via the relevant national competent
           authority pursuant to local cooperation arrangements, as specified in Annex III and taking into consideration the
           clarifications and definitions provided in Annexes I and II. Those reporting agents shall report the required statistical
           information in accordance with the minimum standards set out in Annex IV’;
 ---pagebreak--- L 999/4               EN                         Official Journal of the European Union                                      11.12.2020
      (4) Article 4 is replaced by the following:
          ‘Article 4
          Derogations
          1.      For the purposes of granting derogations to reporting agents NCBs shall be guided by the principle of
          proportionality.
          2.      NCBs may grant derogations to the following reporting agents in respect of the reporting requirements referred
          to in Article 3(1) and in accordance with paragraphs 3 and 4:
          (a) payment institutions, where they fulfil the conditions laid down in paragraphs 1 and 2 of Article 32 of Directive
               (EU) 2015/2366;
          (b) electronic money institutions, where they fulfil the conditions laid down in paragraphs 1 and 2 of Article 9 of
               Directive 2009/110/EC;
          (c) payment service providers other than those referred to in points (a) and (b), where they fulfil both the conditions
               laid down in Article 32(1) and (2) of Directive (EU) 2015/2366 and the conditions laid down in Article 9(1)
               and (2) of Directive 2009/110/EC.
          For the purposes of the first subparagraph, NCBs may grant derogations regardless of whether reporting agents have
          been waived or exempted from prudential requirements pursuant to the relevant national law transposing Directive
          (EU) 2015/2366 and Directive 2009/110/EC.
          3.      NCBs may grant derogations in accordance with paragraph 4 to the reporting agents referred to in paragraph 2
          where either of the following apply:
          (a) the total value, as contributed by all payment service providers that could benefit from such derogation, of each of
               the following payment services does not exceed 5 % at national level:
               (i)    credit transfers (sent),
               (ii)   direct debits (sent),
               (iii)  card-based payment transactions (sent and received),
               (iv)   cash withdrawals using card-based payment instruments,
               (v)    e-money payment transactions (sent),
               (vi)   cheques (sent),
               (vii) money remittances (sent),
               (viii) other payment services (sent),
               (ix)   payment initiation services,
               (x)    other services not included in Directive (EU) 2015/2366 (sent);
          (b) the total number of clients, as contributed by all payment service providers that could benefit from such
               derogation, of account information services does not exceed 5 % at national level.
          For the purposes of point (a) the cumulative total value, as contributed by all payment service providers that could
          benefit from such derogation, of the payment services listed therein shall not exceed 5 % at national level.
          For the purposes of this paragraph, NCBs may only grant derogations where the reporting burden would be
          disproportionate in view of the size of such reporting agents.
          4.      Reporting agents that have been granted derogations pursuant to paragraphs 2 and 3 shall report statistical
          information in accordance with Tables 4b and 5b of Annex III.
          5.      NCBs shall verify compliance with the conditions set out in paragraphs 2 and 3 on an annual basis and in good
          time in order to grant or withdraw any derogation with effect from the start of the second successive calendar year
          where necessary. That verification shall be based on the relevant reporting periods for the 12 months immediately
          preceding the reference period in which the assessment is conducted.
          6.      Where an NCB grants a derogation pursuant to this Article, it shall notify the ECB thereof at the same time as it
          reports information pursuant to Article 6.
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          7.     The ECB shall publish a list of entities granted derogations by the NCBs pursuant to this Article.’;
      (5) Article 6 is replaced by the following:
          ‘Article 6
          Timeliness
          1.     Statistical information reported in accordance with Annex III shall be transmitted by the NCBs to the ECB on a
          quarterly, semi-annual or annual basis and as follows:
          (a) for reporting on a quarterly basis, statistical information set out in Table 9 of Annex III shall be transmitted by close
               of business on the last working day of the second month following the end of the relevant quarter;
          (b) for reporting on a semi-annual basis, statistical information set out in Tables 1, 2, 3, 4a, 5a, 6, 7 and 8 of Annex III
               for the period January to June shall be transmitted by close of business on the last working day of November
               following the end of the first half of the year to which it relates. Statistical information for the period July to
               December shall be transmitted by close of business on the last working day of May following the end of the
               second half of the year to which it relates;
          (c) for reporting on an annual basis, statistical information set out in Tables 4b and 5b of Annex III shall be
               transmitted with a half-yearly breakdown by close of business on the last working day of May following the year
               to which it relates;
          2.     NCBs shall establish clear reporting deadlines for reporting agents. Those reporting deadlines shall clearly
          determine the frequency with which reporting agents are to report to NCBs and shall ensure that NCBs are able to
          meet their reporting deadlines with the ECB set out in paragraph 1.’;
      (6) the following Article 8a is inserted:
          ‘Article 8a
          First reporting of quarterly, semi-annual and annual statistical information
          1.     Reporting to the ECB by the NCBs of quarterly and semi-annual statistical information shall begin with quarterly
          data for Q1 of 2022 by end-May 2022 and semi-annual data for H1 of 2022 by end-November 2022.
          2.     Reporting to the ECB by the NCBs for aggregated annual statistical information with a half-yearly breakdown in
          relation to reporting agents granted derogation pursuant to paragraphs (2) and (3) of Article 4 shall begin with the
          reference periods [H1 and H2 of 2022 by end-May 2023].’;
      (7) Annexes I, II and III to Regulation (EU) No 1409/2013 are replaced by Annexes I, II and III to this Regulation.
                                                                   Article 2
                                                               Final provisions
      This Regulation shall enter into force on the twentieth day following its publication in the Official Journal of the European
      Union. It shall apply from 1 January 2022.
                     This Regulation shall be binding in its entirety and directly applicable in the Member States in
                     accordance with the Treaties.
                     Done at Frankfurt am Main, 1 December 2020.
                                                                                  For the Governing Council of the ECB
                                                                                        The President of the ECB
                                                                                          Christine LAGARDE
 ---pagebreak--- L 999/6              EN                         Official Journal of the European Union                                       11.12.2020
                                                                  ANNEX I
                                          GENERAL STRUCTURE OF PAYMENTS STATISTICS
                                                                   PART 1
                                                                 Overview
      Part 1.1    Overview of tables
      1.   Payments statistics are compiled by the European Central Bank (ECB) through specific harmonised data collections
           managed at national level by each national central bank (NCB). The data compilation is structured in the form of nine
           tables as described below containing national data on each Member State whose currency is the euro (hereinafter a
           ‘euro area Member State’). Tables 1, 2, 3, 4, 5, 6 and 9 should be reported by payment service providers (PSPs), while
           Tables 7 and 8 should be reported by payment system operators (PSOs). There are two versions of Tables 4 and 5,
           only one of which should be reported. Tables 4a and 5a should be reported by all PSPs which have not been granted a
           derogation pursuant to Article 4, whereas reporting agents which have been granted a derogation pursuant to
           Article 4(2) and (3) should report the statistical information in Tables 4b and 5b.
                           Table                                               Description of main contents
           Table 1:                               Breakdowns showing number of overnight deposits, number of payment
           Institutions offering payment ser­     accounts, number of e-money accounts and outstanding value on e-money
           vices to non-monetary financial        storages issued, by credit institutions, electronic money institutions, payment
           institutions (non-MFIs)                institutions and other payment service providers (PSPs) and e-money issuers. In
                                                  addition, breakdowns showing the number of clients of account information ser­
                                                  vice providers (AISPs) and the number of accounts accessed by AISPs are
                                                  included. The number of accounts accessed by AISPs is reported by the ASPSP
                                                  while the AISPs report the number of their clients.
           Table 2:                               Number of cards issued by PSPs resident in the country. Data on cards are com­
           Card functions                         piled with a breakdown by function of the card and within the function of the
                                                  card with a breakdown by card scheme.
           Table 3:                               Number of terminals provided by PSPs resident in the country. Data on terminals
           Card accepting devices                 distinguish between automatic teller machines (ATMs), point-of-sale (POS) and e-
                                                  money card terminals and between terminal functions.
           Table 4a:                              Number and value of payment transactions sent and received by non-MFIs
           Payment transactions involving         through PSPs resident in the country broken down between remote and non-
           non-MFIs                               remote transactions. Transactions are compiled by payment service, initiation
                                                  channel and within payment schemes with a breakdown between strong custo­
                                                  mer authentication (SCA) and non-strong customer authentication (non-SCA).
                                                  For transactions authenticated via non-SCA the reasons for the authentication
                                                  via non-SCA are provided.
           Table 4b:                              Number and value of payment transactions sent and received by non-MFIs
           Payment transactions involving         through PSPs resident in the country broken down between remote and non-
           non-MFIs reported by reporting         remote transactions. Transactions are compiled by payment service, initiation
           agents granted a derogation            channel and with a breakdown between strong customer authentication (SCA)
                                                  and non-strong customer authentication (non-SCA) with the reasons for using
                                                  non-SCA. Table 4b is only reported by PSPs which have been granted a deroga­
                                                  tion.
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                            Table                                               Description of main contents
           Table 5a:                                Number and value of fraudulent payment transactions sent and received by non-
           Fraudulent payment transactions          MFIs through PSPs resident in the country. Transactions are compiled by pay­
           involving non-MFIs                       ment service, initiation channel and within payment schemes with a breakdown
                                                    by fraud origin and a breakdown between strong customer authentication (SCA)
                                                    and non-strong customer authentication (non-SCA). For transactions authenti­
                                                    cated via non-SCA, the reasons for the authentication via non-SCA are provided.
           Table 5b:                                Number and value of fraudulent payment transactions sent and received by non-
           Fraudulent payment transactions          MFIs through PSPs resident in the country. Transactions are compiled by pay­
           involving non-MFIs reported by           ment service, initiation channel and authentication method; the SCA and non-
           reporting agents granted a deroga­       SCA breakdowns are further broken down by fraud origin and, for the break­
           tion                                     down by non-SCA, by reason for authentication via non-SCA. Table 5b is only
                                                    reported by PSPs which have been granted a derogation.
           Table 6:                                 Number and value of payment transactions sent by non-MFIs through PSPs.
           Payment transactions per type of         Transactions are compiled by type of terminal involved with a geographical
           terminal involving non-MFIs              breakdown. Number and value of over-the-counter (OTC) cash withdrawals and
                                                    deposits are also included, as are the number and value of cash advances at POS
                                                    terminals.
           Table 7:                                 Number of participants in each payment system located in the country, distin­
           Participation in selected payment        guishing direct and indirect participants and within direct participants with a
           systems                                  breakdown by type of institution.
           Table 8:                                 Number and value of payment transactions processed by each payment system
           Payments processed by selected           located in the country, by payment service and with a geographical breakdown.
           payment systems
           Table 9:                                 Number and value of payment transactions sent by non-MFIs. Transactions are
           Quarterly reporting of payment           compiled by payment service and initiation channel. Card-based payment tran­
           transactions involving non-MFIs          sactions are further broken down by the merchant category code (MCC).
      Part 1.2    Type of information
      1.   Stock data, as contained in Tables 1, 2, 3 and 7, refer to end-of-period, i.e. positions on the last working day of the
           reference period. The indicators on the outstanding value on e-money storages issued are compiled in euro and relate
           to payment storages denominated in all currencies.
      2.   Flow data, as contained in Tables 4, 5, 6, 8 and 9, relate to payment transactions accumulated throughout the period, i.
           e. total for the reference period. The indicators on the value of transactions are compiled in euro and relate to payment
           transactions denominated in all currencies.
      Part 1.3    Consolidation within the same national territory
      1.   For each euro area Member State, the reporting population consists of PSPs and PSOs.
      2.   PSPs are institutions incorporated and located in that territory, including subsidiaries of parent companies located
           outside that territory, and branches of institutions that have their head office outside that territory.
           (a) Subsidiaries are separate incorporated entities in which another entity has a majority or full holding.
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           (b) Branches are unincorporated entities without independent legal status wholly owned by the parent.
      3.   For statistical purposes, the following principles apply for consolidation of PSPs within national boundaries:
           (a) If a parent company and its subsidiaries are PSPs located in the same national territory, the parent company is
                 permitted in its statistical returns to consolidate the business of these subsidiaries. This is only applicable in the
                 event that the parent company and its subsidiaries are classified as the same type of PSP.
           (b) If an institution has branches located within the territories of the other euro area Member States, the registered or
                 head office located in a given euro area Member State considers these branches as residents in the other euro area
                 Member States. Conversely, a branch located in a given euro area Member State considers the registered or head
                 office or other branches of the same institution located within the territories of the other euro area Member
                 States as residents in the other euro area Member States.
           (c) If an institution has branches located outside the territory of the euro area Member States, the registered or head
                 office located in a given euro area Member State considers these branches as residents of the rest of the world.
                 Conversely, a branch located in a given euro area Member State considers the registered or head office or other
                 branches of the same institution located outside the euro area Member States as residents of the rest of the world.
      4.   For statistical purposes, consolidation of PSPs across national boundaries is not permitted.
      5.   If a PSO is responsible for several payment systems located in the same national territory, statistics for each payment
           system are reported separately.
      6.   Institutions located in offshore financial centres are treated for statistical purposes as residents of the territories in
           which the centres are located.
                                                                     PART 2
                                                      Specific features in Tables 2 to 9
      Part 2.1     Card functions (Table 2)
      1.   If a ‘card with a payment function (except cards with an e-money function only)’ offers several functions, it is counted
           in each applicable sub-category. Therefore, the total number of cards with a payment function may be smaller than the
           sum of the sub-categories. To avoid double-counting, sub-categories should not be added up.
      2.   Within each payment function (i.e. debit, delayed debit and credit), card-based payment instruments are broken down
           according to the payment card scheme (PCS) under which they are issued. Co-badged card-based payment instruments
           are counted in each of the applicable schemes. Therefore, the total number of card-based payment instruments by
           payment function may be smaller than the sum of those cards by PCS. To avoid double-counting, cards by PCS
           should not be combined.
      3.   A ‘delayed debit card’ is reported as a ‘credit card’ if the specific ‘delayed debit’ function cannot be identified. The same
           logic applies to the reporting of transactions with a delayed debit card.
      4.   A ‘card with an e-money function’ can be either a ‘card on which e-money can be stored directly’ or a ‘card which gives
           access to e-money stored on e-money accounts’. Therefore, the total number of cards with an e-money function is the
           sum of the two sub-categories.
      5.   The total number of cards issued by resident PSPs is stated separately in ‘total number of cards (irrespective of the
           number of functions on the card)’. This indicator may not necessarily be the sum of ‘cards with a cash function’,
           ‘cards with a payment function’ and ‘cards with an e-money function’, as these categories may not be mutually
           exclusive.
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      6.   The indicator ‘card with a combined debit, cash and e-money function’ refers to a card issued by a PSP, which has
           combined cash, debit and e-money functions. In addition, it is reported in each of the sub-categories:
           (a) ‘debit card’;
           (b) ‘cards with a cash function’;
           (c) ‘cards with an e-money function’.
      7.   A card with combined functions is reported in each of the relevant sub-categories.
      8.   Cards are counted on the card-issuing side regardless of the cardholder’s residency or the location of the account to
           which the card is linked.
      9.   Each country reports the number of cards that have been issued by PSPs resident in the country.
      10. Cards in circulation are included irrespective of when they were issued or whether they were used.
      11. Cards issued by card schemes, i.e. three-party or four-party schemes, are included.
      12. Expired or withdrawn cards are not included.
      13. Cards issued by merchants, i.e. retailer cards, are not included, unless they have been issued in cooperation with a PSP,
           i.e. they are co-branded.
      Part 2.2     Card accepting devices (Table 3)
      1.   All physical terminals at which transactions are acquired by resident PSPs are reported, including all terminals located
           in the reporting country and terminals located outside of the reporting country.
      2.   Terminals at which transactions are acquired by branches and/or subsidiaries of the PSP located abroad are not
           reported by the parent PSP, but by the branches and/or subsidiaries themselves.
      3.   Every terminal is counted individually even if several terminals of the same type exist at one merchant location.
      4.   If an ATM offers more than one function, it is counted in each applicable sub-category. Therefore, the total number of
           ATMs may be smaller than the sum of the sub-categories. To avoid double-counting, sub-categories should not be
           added up.
      5.   POS terminals are broken down into ‘EFTPOS terminals’ and within this breakdown by those ‘accepting contactless
           transactions’ and those ‘accepting e-money card transactions’. These sub-categories should not be added up as they
           are not mutually exclusive.
      6.   If an e-money card terminal offers more than one function, it is counted in each applicable sub-category. Therefore,
           the total number of e-money card terminals may be smaller than the sum of the sub-categories. To avoid double-
           counting, sub-categories should not be added up.
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      Part 2.3     Payment transactions involving non-MFIs (Tables 4a and 4b)
      Part 2.3.1 Payment transactions involving non-MFIs (Table 4a)
      1.    Payment transactions are initiated by non-MFIs to any counterparty or by PSPs if the counterparty is a non-MFI. This
            includes:
           (a) payment transactions which take place between two accounts held at different PSPs and which are executed with
                 the use of an intermediary, i.e. where payments are sent to another PSP or to a payment system; and
           (b) payment transactions which take place between two accounts held at the same PSP, e.g. on-us transactions, with
                 the transaction being settled either on the accounts of the PSP itself, or with the use of an intermediary, i.e.
                 another PSP or a payment system.
      2.    Payment transactions initiated by a resident PSP and executed with a specific transaction order, i.e. with the use of a
            payment instrument, are included as ‘payment transactions involving non-MFIs ’.
      3.    Fund transfers between accounts in the same name, and also between different types of accounts are included
            according to the payment service used. Transfers between different types of accounts include, for example, transfers
            from a transferable deposit to an account holding a non-transferable deposit.
      4.    In relation to bulk payment transactions, each individual payment transaction is counted.
      5.    Payment transactions denominated in foreign currency are included. Data are converted into euro using the ECB
            reference exchange rate or exchange rates applied for these transactions.
      6.    Separate reporting for remote and non-remote transactions is indicated where necessary.
      7.    Payment transactions initiated by a resident PSP and executed without a specific transaction order, i.e. without the use
            of a payment service listed in Annex I to Directive (EU) 2015/2366, by simple book entry on the account of a non-
            MFI, are included in ‘other services (not included in the Directive (EU) 2015/2366)’ (1).
      8.    Payment transactions are reported broken down by the payment service used and by the scheme processing the
            transaction.
            Cros s - bor d er tr an s ac tion s
      9.    For sent transactions, cross-border transactions are counted in the country in which the transaction originates.
      10. For received transactions, cross-border transactions are counted in the country in which the transaction is received.
      11. For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are
            reported together. For card-based payment transactions initiated remotely, sent payment transactions are reported to
            identify the country of the receiving PSP and the country in which the point of sale is located. For card-based
            payment transactions initiated non-remotely, sent payment transactions are reported to identify the country of the
            receiving PSP and the country in which the physical terminal is located. Received payment transactions initiated
            remotely are reported to identify the country of the sending PSP and the country in which the point of sale is located.
            Received payment transactions initiated non-remotely are reported to identify the country of the sending PSP and the
            country in which the physical point of sale is located.
      12. The difference between cross-border transactions sent and cross-border transactions received shows the net inflow or
            outflow of transactions into or out of the reporting country.
      (1) Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal
          market, amending Directives 2002/65/EC, 2009/110/EC and 2013/36/EU and Regulation (EU) No 1093/2010, and repealing
          Directive 2007/64/EC (OJ L 337, 23.12.2015, p. 35).
 ---pagebreak--- 11.12.2020           EN                             Official Journal of the European Union                                              L 999/11
           Fl ow of f un d s
      13. The direction of the flow of funds depends on the payment service and the initiation channel used:
          (a) for credit transfers, money remittances, e-money payments and similar transactions where the payer initiates the
                transaction, the sending participant is also the sender of funds and the receiving participant the recipient of funds;
          (b) for direct debits, cheques, e-money payments and similar transactions where the payee initiates the transaction,
                the sending participant is the recipient of funds and the receiving participant the sender of funds;
          (c) for card-based payment transactions, although the payee initiates the transaction, the treatment followed within
                this Regulation corresponds to that where the payer initiates the transaction.
           To ta l pay m e n t tr a n s ac ti o n s
      14. The indicator ‘total payment transactions involving non-MFIs (sent)’ is the sum of the eight mutually exclusive sub-
           categories: ‘credit transfers (sent)’, ‘direct debits (sent)’, ‘card-based payment transactions with card-based payment
           instruments issued by resident PSPs’, ‘cash withdrawals using card-based payment instruments’, ‘e-money payment
           transactions (sent)’, ‘cheques (sent)’, ‘money remittances (sent)’ and ‘other payment services (sent)’. The indicator ‘total
           payment transactions involving non-MFIs (received)’ is the sum of the seven mutually exclusive sub-categories: ‘credit
           transfers (received)’, ‘direct debits (received)’, ‘card-based payment transactions acquired by resident PSPs’, ‘e-money
           payment transactions (received)’, ‘cheques (received)’, ‘money remittances (received)’ and ‘other payment services
           (received)’.
           Cre di t t ra n sf er s
      15. Each transaction is allocated to only one sub-category, i.e. either ‘initiated in paper-based form’, ‘initiated electronically’
           or ‘other’. As the sub-categories are mutually exclusive, the total number of credit transfers is the sum of the sub-
           categories. The same principle applies to the total value of credit transfers.
      16. Credit transfers initiated by payment initiation service providers (PISPs) are additionally allocated to the sub-category
           ‘Initiated by PISP’. However, this sub-category does not contribute to the total number, or total value of credit
           transfers.
      17. Credit transfers reported under ‘initiated electronically’ are further split into ‘initiated in a file/batch’ and ‘initiated on a
           single payment basis’. As the sub-categories are mutually exclusive, the total number of credit transfers initiated
           electronically is the sum of the sub-categories. The same principle applies to the total value of credit transfers
           initiated electronically.
      18. Credit transfers reported under ‘initiated on a single payment basis’ are further broken down by ‘ATM or other PSP
           terminal’, ‘mobile payment solution’ and ‘online banking based credit transfers’. ‘ATM or other PSP terminal’ only
           includes non-remotely initiated credit transfers while ‘mobile payment solution’ and ‘online banking based credit
           transfers’ only include remotely initiated credit transfers. As the sub-categories are mutually exclusive, the total
           number of credit transfers is the sum of the sub-categories. The same principle applies to the total value of credit
           transfers.
      19. ‘E-commerce payments’ is a sub-category of ‘online banking based credit transfers’.
      20. ‘P2P mobile payment solution’ is a sub-category of ‘mobile payment solution’.
      21. Transactions involving cash at one or both ends of the payment transaction, and using a credit transfer payment
           service, are also included as credit transfers.
 ---pagebreak--- L 999/12            EN                            Official Journal of the European Union                                          11.12.2020
      22. Credit transfers used to settle outstanding balances of transactions using credit, debit or delayed debit cards are also
          included.
      23. Credit transfers include all Single Euro Payments Area (SEPA) credit transfers as well as non-SEPA transactions. Credit
          transfers initiated electronically are reported separately for each scheme.
      24. Credit transfers initiated electronically are further split into credit transfers initiated remotely and credit transfers
          initiated non-remotely. Within these breakdowns, transactions are reported by scheme and for each scheme, they are
          further broken down by authentication channel, i.e. ‘authenticated via strong customer authentication (SCA)’ or
          ‘authenticated via non-SCA’. As the sub-categories are mutually exclusive, the total number of credit transfers by
          credit transfer scheme is the sum of the sub-categories. The same principle applies to the value of transactions.
      25. For transactions authenticated via non-SCA, the reasons for using non-SCA are reported (i.e. ‘low value’, ‘contactless
          low value’, ‘payment to self’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended terminals for transport fares or
          parking fees’, ‘secure corporate payment processes and protocols’ and ‘transaction risk analysis’). Where more than
          one exemption might be applicable the exemption that was applied is the one that should be reported. The sub-
          categories are mutually exclusive. The same principle applies to the value of transactions. However, the reasons for
          using non-SCA are not reported broken down by payment scheme but are broken down by remotely and non-
          remotely initiated credit transfers only.
      26. The number of transactions broken down by credit transfer schemes is equal to the total number of credit transfers
          initiated electronically. Transactions are reported for each scheme, national and international (e.g. SEPA credit transfer
          scheme or SEPA instant credit transfer scheme) separately. The same principle applies to the value of credit transfers.
      27. The sub-categories ‘initiated in a file/batch’, ‘initiated on a single payment basis’ and ‘other’ contain all SEPA and non-
          SEPA transactions.
      28. Domestic transactions sent, cross-border transactions sent, domestic transactions received and cross-border
          transactions received contain both SEPA and non-SEPA transactions.
      29. Cash payments to an account using a bank form are not included under credit transfers.
          Dire c t deb i ts
      30. Both one-off and recurrent direct debits are included. In the case of recurrent direct debits, each individual payment is
          counted as one transaction.
      31. Direct debits used to settle outstanding balances resulting from transactions using credit, debit or delayed debit cards
          are included, as these are separate payments from the cardholder to the card issuer.
      32. Direct debits are further split into ‘initiated in a file/ batch’ and ‘initiated on a single payment basis’. As the sub-
          categories are mutually exclusive, the total number of direct debits is the sum of the sub-categories. The same
          principle applies to the total value of direct debits.
      33. The sub-categories ‘initiated in a file/ batch’ and ‘initiated on a single payment basis’ contain all SEPA and non-SEPA
          transactions.
      34. Direct debit transactions are further split into ‘consent given via an electronic mandate’ and ‘consent given in other
          forms’. The sub-categories are mutually exclusive. Their sum equals the total number of direct debits. The same
          principle applies to the value of direct debits.
 ---pagebreak--- 11.12.2020           EN                            Official Journal of the European Union                                        L 999/13
      35. Within each channel used to give consent, transactions are reported for each scheme, national and international (e.g.
           SEPA direct debit core or SEPA direct debit business-to-business scheme) separately.
      36. Cash payments from an account using a bank form are not included under direct debits.
           Ca rd- ba s ed p ay m en t t ra ns a ct ion s
      37. Card-based payment transactions with card-based payment instruments issued by resident PSPs or acquired by
           resident PSPs (except cards with an e-money function only) are reported, regardless of the location of the payment
           brand under which the card-based payment transaction has been made.
      38. Sent card-based payment transactions are reported by the issuing PSP while received card-based payment transactions
           are reported by the acquiring PSP.
      39. ‘Payment transactions involving non-MFIs’ also includes data on card-based payment transactions at virtual points of
           sale, e.g. over the internet or the telephone.
      40. Card-based payment transactions are also split into: ‘initiated electronically’ and ‘initiated non-electronically’. As the
           initiation channels are mutually exclusive, the total number of card-based payment transactions is the sum of the
           initiation channels. The same principle applies to the total value of card-based payment transactions.
      41. ‘Initiated electronically’ is further broken down into ‘mobile payment solution’, ‘initiated at a physical EFTPOS’,
           ‘initiated at an ATM’ and ‘others’. ‘Initiated at a physical EFTPOS’ and ‘initiated at an ATM’ only include non-remotely
           initiated card-based payment transactions while ‘mobile payment solution’ only includes remotely initiated card-
           based payment transactions. The breakdown ‘others’ can include either remotely or non-remotely initiated card-based
           payment transactions. The sub-channels are mutually exclusive. The same principle applies to the total value of card-
           based payment transactions ‘initiated electronically’.
      42. Card-based payment transactions initiated non-electronically and those initiated electronically are further broken
           down between remote and non-remote initiation channels and within each, for card-based payment transactions
           initiated electronically, the number of card-based payment transactions should be reported for each PCS, national and
           international (e.g. VISA or MasterCard) separately. The same principle applies to the value of transactions.
      43. Within each PCS, transactions are broken down by card function (i.e. debit, delayed debit and credit) and by
           ‘authenticated via SCA’ and ‘authenticated via non-SCA’. The total number of card-based payment transactions
           ‘processed by payment card scheme’ is the sum of the different, mutually exclusive, card functions, which is also
           equal to the sum of those transactions authenticated via SCA and via non-SCA. The same principle applies to the
           value of transactions.
      44. The number of sent transactions broken down by PCS is equal to the total number of card-based payment transactions
           with cards issued by resident PSPs initiated electronically. The same principle applies to the value of transactions and
           to card-based payment transactions acquired by resident PSPs (received).
      45. For transactions authenticated via non-SCA, the reasons for using non-SCA are reported (i.e. ‘low value’, ‘contactless
           low value’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended terminals for transport fares or parking fees’,
           ‘secure corporate payment processes and protocols’ ‘transaction risk analysis’, ‘merchant initiated transactions’, and
           ‘other’). In cases where more than one exemption might be applicable, the exemption that was applied is the one that
           should be reported. The reasons for non-SCA are mutually exclusive. The same principle applies to the value of
           transactions. However, the reasons for using non-SCA are not reported broken down by PCS and are instead broken
           down by remotely and non-remotely initiated electronic card payments only.
 ---pagebreak--- L 999/14             EN                             Official Journal of the European Union                                      11.12.2020
      46. Card-based payment transactions with card-based payment instruments issued by resident PSPs that only have an e-
          money function are not included.
          Ca s h wi thd r a w a ls u s i ng ca rd - ba s ed paym en t in str u m en ts (e xc ept e-m on ey tra ns ac ti on s)
      47. Cash withdrawals using card-based payment instruments issued by resident PSPs (except e-money transactions) and
          reported by the card issuer are included in this category.
      48. The number of withdrawals should be reported for each PCS, national and international (e.g. VISA or MasterCard)
          separately. Each PCS is further broken down by card function (i.e. debit, delayed debit and credit). The same principle
          applies to the value of transactions.
          E -m one y pay m en t t ra ns a ct i ons
      49. Each transaction is allocated to only one sub-category, i.e. ‘with cards on which e-money can be stored directly’ or
          ‘with e-money accounts’. As the sub-categories are mutually exclusive, the total number of e-money payment
          transactions is the sum of the sub-categories. The same principle applies to the total value of e-money payment
          transactions.
      50. Each transaction allocated to the sub-category ‘with e-money accounts’ is allocated additionally to only one of the sub-
          categories ‘accessed through a card’, ‘mobile payment solution’ and ‘others’. As the sub-categories are mutually
          exclusive, the total number of e-money payment transactions ‘with e-money accounts’ is the sum of the sub-
          categories. The same principle applies to the total value of e-money payment transactions.
      51. ‘P2P mobile payment solution’ is a sub-category of ‘mobile payment solution’.
      52. E-money payment transactions are broken down by remote and non-remote initiation channels and within each
          category by ‘authenticated via SCA’ and ‘authenticated via non-SCA’. As the sub-categories are mutually exclusive, the
          total number of ‘e-money payment transactions’ is the sum of the sub-categories. The same principle applies to the
          value of transactions.
      53. Transactions reported under ‘authenticated via non-SCA’ are further split into the reasons for non-SCA (i.e. ‘low value’,
          ‘contactless low value’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended terminals for transport or parking
          fares’, ‘use of secure corporate payment processes or protocols’, ‘payment to self’, ‘transaction risk analysis’, ‘merchant
          initiated transactions’ and ‘other’). In cases where more than one exemption might be applicable, the exemption that
          was applied is the one that should be reported. As the reasons for non-SCA are mutually exclusive, the total number
          of ‘authenticated via non-SCA’ is the sum of those reasons. The same applies for the value of transactions.
          Ch eq ue s
      54. Sent and received cheques are reported. Sent cheques are reported by the payee’s PSP, received cheques are reported by
          the payer’s PSP.
      55. Cash withdrawals with cheques are included.
      56. Cash withdrawals using bank forms are not included.
      57. Cheques issued but not submitted for clearing are not included.
          M one y re m i tt an ce s
      58. Sent money remittances are reported by the payer’s PSPs, received money remittances are reported by the payee’s PSP.
 ---pagebreak--- 11.12.2020            EN                                Official Journal of the European Union                                      L 999/15
      59. Transactions which are linked to the payment account of either the payer or the payee are excluded from money
           remittances. Such transactions are reported under the respective payment instrument used.
            Ot h er pay m en t s er v i c es
      60. Sent and received transactions are reported.
      61. Includes transactions using payments services listed in Annex I to Directive (EU) 2015/2366 but which cannot be
           assigned to any of the payment services listed in this Regulation. Therefore, this breakdown includes ‘OTC cash
           withdrawals’ and ‘OTC cash deposits’. ‘OTC cash withdrawals’ are included as sent other payment services, while
           ‘OTC cash deposits’ are included as received other payment services.
            Pay me nt i n it i at i on se r v i c es
      62. Transactions initiated via payment initiation services are reported by PISPs and are broken down by remote and non-
           remote initiation channel and within each category by ‘authenticated via SCA’ and ‘authenticated via non-SCA’. As the
           sub-categories are mutually exclusive, the total number of ‘payment initiation services’ is the sum of the sub-
           categories. The same applies for the value of transactions.
      63. Each transaction is allocated to only one sub-category, i.e. ‘credit transfers’ and ‘others’. As the sub-categories are
           mutually exclusive, the total number of ‘payment initiation services’ is the sum of the sub-categories. The same
           principle applies to the total value of transactions.
      64. Those transactions are not included in the ‘Total payment transactions involving non-MFIs’ as they are also included in
           the respective payment instrument used for the transaction.
            O t he r s er v ic e s ( n ot i n cl u d ed in th e D i rec tive ( EU ) 2 01 5/ 23 66 )
      65. Includes the sub-categories ‘Credits to the accounts by simple book entry’ and ‘debits from the accounts by simple
           book entry’ and ‘Others’. As the sub-categories are mutually exclusive, the total number of ‘Other services (not
           included in the Directive (EU) 2015/2366)’ is the sum of the sub-categories. The same applies for the value of
           transactions.
      66. Only transactions without a specific transaction order and executed by simple book entry to/from the account of a
           customer, i.e. without the use of a traditional payment service are included in the sub-categories ‘credits to the
           accounts by simple book entry’ and ‘debits from the accounts by simple book entry’.
      Part 2.3.2 Payment transactions involving non-MFIs reported by those reporting agents granted derogation pursuant to Article 4(2)
                   and (3) (Table 4b)
      1.   Payment transactions are initiated by non-MFIs to any counterparty or by PSPs if the counterparty is a non-MFI. This
           includes:
           (a) payment transactions which take place between two accounts held at different PSPs and which are executed with
                 the use of an intermediary, i.e. where payments are sent to another PSP or to a payment system; and
           (b) payment transactions which take place between two accounts held at the same PSP, e.g. on-us transactions, with
                 the transaction being settled either on the accounts of the PSP itself, or with the use of an intermediary, i.e.
                 another PSP or a payment system.
      2.   Payment transactions initiated by a resident PSP and executed with a specific transaction order, i.e. with the use of a
           payment instrument, are included as ‘payment transactions involving non-MFIs’.
 ---pagebreak--- L 999/16            EN                            Official Journal of the European Union                                        11.12.2020
      3.  Fund transfers between accounts in the same name, and also between different types of accounts are included
          according to the payment service used. Transfers between different types of accounts include, for example, transfers
          from a transferable deposit to an account holding a non-transferable deposit.
      4.  In relation to bulk payment transactions, each individual payment transaction is counted.
      5.  Payment transactions denominated in foreign currency are included. Data are converted into euro using the ECB
          reference exchange rate or exchange rates applied for these transactions.
      6.  Separate reporting for remote and non-remote transactions is indicated where necessary.
      7.  Payment transactions are reported by the payment service used.
          C ros s -b o rd e r t ra n s ac ti o ns
      8.  For sent transactions, cross-border transactions are counted in the country in which the transaction originates.
      9.  For received transactions, cross-border transactions are counted in the country in which the transaction is received.
      10. For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are
          reported together. For card-based payment transactions initiated remotely, sent payment transactions are reported to
          identify the country of the receiving PSP and the country in which the point of sale is located. For card-based
          payment transactions initiated non-remotely, sent payment transactions are reported to identify the country of the
          receiving PSP and the country in which the physical terminal is located. Received payment transactions initiated
          remotely are reported to identify the country of the sending PSP and the country in which the point of sale is located.
          Received payment transactions initiated non-remotely are reported to identify the country of the sending PSP and the
          country in which the physical point of sale is located.
      11. The difference between cross-border transactions sent and cross-border transactions received shows the net inflow or
          outflow of transactions into or out of the reporting country.
          Fl ow o f fu nd s
      12. The direction of the flow of funds depends on the payment service and the initiation channel used:
          (a) for credit transfers, money remittances, e-money payments and similar transactions where the payer initiates the
              transaction, the sending participant is also the sender of funds, and the receiving participant the recipient of funds;
          (b) for direct debits, e-money payments and similar transactions where the payee initiates the transaction, the sending
              participant is the recipient of funds and the receiving participant the sender of funds;
          (c) for card-based payment transactions, although the payee initiates the transaction, the treatment followed within
              this Regulation corresponds to that where the payer initiates the transaction.
          Cre dit tr an sf ers
      13. Each transaction is allocated to only one sub-category, i.e. either ‘initiated in paper-based form’ or ‘initiated
          electronically’. As the sub-categories are mutually exclusive, the total number of credit transfers is the sum of the sub-
          categories. The same principle applies to the total value of credit transfers.
 ---pagebreak--- 11.12.2020           EN                            Official Journal of the European Union                                       L 999/17
      14. Credit transfers initiated by payment initiation service providers (PISPs) are additionally allocated to the sub-category
           ‘Initiated by PISP’. However, this sub-category does not contribute to the total number, or total value of credit
           transfers.
      15. Transactions involving cash at one or both ends of the payment transaction, and using a credit transfer payment
           service, are also included as credit transfers.
      16. Credit transfers used to settle outstanding balances of transactions using cards with a credit or delayed debit function
           are also included.
      17. Credit transfers include all Single Euro Payments Area (SEPA) credit transfers as well as non-SEPA transactions.
      18. Credit transfers initiated electronically are further broken down by remote and non-remote initiation channel and
           within each category by ‘authenticated by strong customer authentication (SCA)’ or ‘authenticated via non-SCA’. As
           the sub-categories are mutually exclusive, the total number of credit transfers is the sum of the sub-categories. The
           same principle applies to the value of transactions.
      19. Credit transfers reported under ‘authenticated via non-SCA’ are further split into the reasons for using non-SCA (i.e.
           ‘low value’, ‘contactless low value’, ‘payment to self’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended
           terminals for transport fares or parking fees’, ‘secure corporate payment processes and protocols’ and ‘transaction
           risk analysis’). In cases where more than one exemption might be applicable the exemption that was applied is the
           one that should be reported. As the sub-categories are mutually exclusive, the total number of ‘authenticated via non-
           SCA’ is the sum of the sub-categories. The same principle applies to the value of transactions.
      20. Domestic transactions sent, cross-border transactions sent and cross-border transactions received contain both SEPA
           and non-SEPA transactions.
      21. Cash payments to an account using a bank form are not included under credit transfers.
           Dire c t deb i ts
      22. Both one-off and recurrent direct debits are included. In the case of recurrent direct debits, each individual payment is
           counted as one transaction.
      23. Direct debits used to settle outstanding balances resulting from transactions using credit, debit or delayed debit cards
           are included, as these are separate payments from the cardholder to the card issuer.
      24. Direct debits include all SEPA direct debits as well as non-SEPA direct debits.
      25. Direct debit transactions are split into ‘consent given via an electronic mandate’ and ‘consent given in other forms’.
           The sub-categories are mutually exclusive. Their sum equals the total number of direct debits. The same principle
           applies to the value of direct debits.
      26. Cash payments from an account using a bank form are not included under direct debits.
           Ca rd- ba s ed p ay m en t t ra ns a ct ion s
      27. Card-based payment transactions with card-based payment instruments issued by resident PSPs or acquired by
           resident PSPs (except cards with an e-money function only) are reported, regardless of the location of the payment
           brand under which the payment transaction has been made.
      28. Sent card-based payment transactions are reported by the issuing PSP while received card-based payment transactions
           are reported by the acquiring PSP.
 ---pagebreak--- L 999/18            EN                              Official Journal of the European Union                                      11.12.2020
      29. ‘Payment transactions involving non-MFIs’ includes data on card-based payment transactions at virtual points of sale,
          e.g. over the internet or the telephone.
      30. Card-based payment transactions with card-based payment instruments are also split into: ‘initiated electronically’ and
          ‘initiated non-electronically’. As the initiation channels are mutually exclusive, the total number of card-based
          payment transactions is the sum of the initiation channels. The same principle applies to the total value transactions.
      31. Card-based payment transactions initiated electronically are further broken down by remote and non-remote
          initiation channels and within each the number of card-based payment transactions should be reported by card
          function (i.e. debit, delayed debit and credit) and by ‘authenticated via SCA’ and ‘authenticated via non-SCA’. The total
          number of card-based payment transactions ‘initiated electronically’ is the sum of the different, mutually exclusive,
          card functions, which is also equal to the sum of those transactions authenticated via SCA and via non-SCA. The
          same principle applies to the value of transactions.
      32. For transactions ‘authenticated via non-SCA’, the reasons for using non-SCA are reported (i.e. ‘low value’, ‘contactless
          low value’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended terminals for transport fares or parking fees’,
          ‘secure corporate payment processes and protocols’, ‘transaction risk analysis’, ‘merchant initiated transactions’ and
          ‘other’). In cases where more than one exemption might be applicable, the exemption that was applied is the one that
          should be reported. As the reasons for non-SCA are mutually exclusive, the total number of ‘authenticated via non-
          SCA’ is the sum of those reasons. The same principle applies to the value of transactions.
      33. Card-based payment transactions with card-based payment instruments issued by resident PSP that only have an e-
          money function are not included.
          Ca s h wi thd r a w a ls u s i ng ca rd - ba s ed paym en t in str u m en ts (e xc ept e-m on ey tra ns ac ti on s)
      34. Cash withdrawals using card-based payment instruments issued by resident PSPs (except e-money transactions) and
          reported by the card issuer are included in this category.
      35. The number of withdrawals should be reported for each card function (i.e. debit, delayed debit and credit). The same
          principle applies to the value of transactions.
          E -mo ne y pay m e nt t ra ns a ct i ons
      36. E-money payment transactions are broken down by remote and non-remote initiation channel and within each by
          ‘authenticated via SCA’ and ‘authenticated via non-SCA’. As the sub-categories are mutually exclusive, the total
          number of ‘e-money payment transactions’ is the sum of the sub-categories. The same principle applies to the value
          of transactions.
      37. Transactions reported under ‘authenticated via non-SCA’ are further split into the reasons for using non-SCA (i.e. ‘low
          value’, ‘contactless low value’, ‘trusted beneficiaries’, ‘recurring transaction’, ‘unattended terminals for transport fares
          or parking fees’, ‘use of secure corporate payment processes or protocols’, ‘payment to self’, ‘transaction risk analysis’,
          ‘merchant initiated transactions’ and ‘other’). In cases where more than one exemption might be applicable, the
          exemption that was applied is the one that should be reported. As the reasons for non-SCA are mutually exclusive,
          the total number of ‘authenticated via non-SCA’ is the sum of those reasons. The same applies for the value of
          transactions.
          Mo ne y re m it ta nc es
      38. Sent money remittances are reported by the payer’s PSPs.
 ---pagebreak--- 11.12.2020           EN                               Official Journal of the European Union                                        L 999/19
      39. Transactions which are linked to the payment account of either the payer or the payee are excluded from money
           remittances. Such transactions are reported under the respective payment instrument used.
            Paym e nt i ni ti a t io n s e r v i ce s
      40. Transactions initiated via payment initiation services are broken down by remote and non-remote initiation channel
           and within each category by ‘authenticated via SCA’ and ‘authenticated via non-SCA’. As the sub-categories are
           mutually exclusive, the total number of ‘payment initiation services’ is the sum of the sub-categories. The same
           applies for the value of transactions.
      41. Each transaction is allocated to only one sub-category, i.e. ‘credit transfers’ and ‘other’. As the sub-categories are
           mutually exclusive, the total number of ‘payment initiation services’ is the sum of the sub-categories. The same
           principle applies to the total value of transactions.
      42. Those transactions are not included in the ‘Total payment transactions involving non-MFIs’ as they are also included in
           the respective payment instrument used for the transaction.
      Part 2.4   Fraudulent payment transactions involving non-MFIs (Tables 5a and 5b)
      Part 2.4.1 Fraudulent payment transactions involving non-MFIs (Table 5a)
      1.   Points 1 to 66 of Part 2.3.1 apply to the fraudulent transactions reported in Table 5a. However, received fraudulent
           payment transactions, except for acquired card-based payment transactions, are not included.
      2.   The payment service provider should report all fraudulent payment transactions from the time fraud has been
           detected, through a customer complaint or other means, regardless of whether or not the case related to the
           fraudulent payment transaction has been resolved by the time the data are reported.
      3.   Besides the breakdowns explained in Part 2.3.1, ‘losses due to fraud per liability bearer’ is to be reported for fraudulent
           credit transfers, fraudulent direct debits, fraudulent card-based payment transactions with card-based payment
           instruments issued by resident PSP (except cards with an e-money function only) fraudulent cash withdrawals using
           card-based payment instruments (except e-money transactions) and for fraudulent e-money transactions with e-
           money issued by resident PSPs.
      4.   ‘Losses due to fraud per liability bearer’ is further split into ‘the reporting PSP’, ‘the PSU of the reporting PSP’ and
           ‘others’. As the sub-categories are mutually exclusive, the total value of ‘losses due to fraud per liability bearer’ is the
           sum of those sub-categories.
      5.   ‘Losses due to fraud per liability bearer’ is reported by the PSP that reports the fraudulent payment transaction and is
           only reported for the value of fraudulent payment transactions. Furthermore, the item is only reported for sent
           transactions.
      6.   The sum of ‘losses due to fraud per liability bearer’ is not equal to the total value of fraudulent transactions.
            Fra ud ul e n t c red i t t ra ns f er s
      7.   Fraudulent credit transfers initiated electronically are further split into the fraud origin (i.e. ‘issuance of a payment
           order by the fraudster’, ‘modification of a payment order by the fraudster’ and ‘manipulation of the payer by the
           fraudster to issue a payment order’).
      8.   The fraud origin is reported for each credit transfer scheme and further broken down by ‘authenticated via SCA’ and
           those ‘authenticated via non-SCA’ within that category.
 ---pagebreak--- L 999/20            EN                             Official Journal of the European Union                                   11.12.2020
      9.  For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent credit
          transfers broken down by credit transfer schemes equals the sum of the different fraud origins. The same principle
          applies to the value of transactions.
          Fr au dule n t d ir ec t d ebi t s
      10. Fraudulent direct debits are further split into the fraud origins (i.e. ‘unauthorised payment transaction’ and
          ‘manipulation of the payer’).
      11. The fraud origin is reported for each direct debit scheme and within the scheme broken down by ‘consent given via an
          electronic mandate’ and ‘consent given in other forms’.
      12. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent direct debits
          broken down by direct debit scheme equals the sum of the different fraud origins. The same principle applies to the
          value of transactions.
          Fra u dule n t c ar d -b a s ed pay me nt tr an sa cti on s
      13. Fraudulent card-based payment transactions are further split into fraud origins (i.e. ‘modification of a payment order
          by the fraudster’, ‘manipulation of the payer to make a card payment’, and ‘issuance of a payment order by the
          fraudster’ which is further broken down by ‘lost or stolen card’, ‘card not received’, ‘counterfeit card’, ‘card details
          theft’ and ‘others’).
      14. The fraud origins are reported for each PCS broken down by ‘authenticated via SCA’ or ‘authenticated via non-SCA’
      15. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent card-based
          payment transactions by PCS equals the sum of the different fraud origins. The same principle applies to the value of
          transactions.
          Fra ud ul en t ca s h w i th d ra wa l s u s in g ca rd -based paym en t i nstr um en ts (ex c ept e-m on ey
          t rans a c tio ns )
      16. Fraudulent cash withdrawals are further split into fraud origins (i.e. ‘manipulation of the payer to make a cash
          withdrawal’, and ‘issuance of a payment order by the fraudster’ which is further broken down by ‘lost or stolen card’,
          ‘card not received’, ‘counterfeit card’ and ‘other’). The fraud origins that are reported for each PCS are mutually
          exclusive. Therefore, the total number of fraudulent cash withdrawals by PCS equals the sum of the different fraud
          origins. The same principle applies to the value of transactions.
          Fr au dule n t e -m on ey p ay m ent tr an sa cti ons
      17. Fraudulent e-money payment transactions are further split into fraud origins (i.e. ‘modification of a payment order by
          the fraudster’, ‘manipulation of the payer to make an e-money payment’, and ‘issuance of a payment order by the
          fraudster’ which is further broken down by ‘lost or stolen e-money card’, ‘e-money card not received’, ‘counterfeit e-
          money card’, ‘card details theft’ and ‘unauthorised e-money account transaction’).
      18. The fraud origins are reported for remotely and non-remotely initiated e-money payment transactions and within each
          category by ‘authenticated via SCA’ or ‘authenticated via non-SCA’.
      19. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent e-money
          payment transactions equals the sum of the different fraud origins. The same principle applies to the value of
          transactions.
 ---pagebreak--- 11.12.2020           EN                            Official Journal of the European Union                                           L 999/21
      Part 2.4.2 Fraudulent payment transactions involving non-MFIs reported by those reporting agents granted a derogation pursuant to
                 Article 4(2) and 4(3) (Table 5b)
      1.   Points 1 to 42 of Part 2.3.2 apply to the fraudulent transactions reported in Table 5b.
      2.   The payment service provider should report all fraudulent payment transactions from the time fraud has been
           detected, such as through a customer complaint or other means, regardless of whether or not the case related to the
           fraudulent payment transaction has been closed by the time the data are reported.).
      3.   Besides the breakdowns explained in Part 2.3.2, ‘losses due to fraud per liability bearer’ is to be reported for fraudulent
           credit transfers, fraudulent direct debits, fraudulent card-based payment transactions with card-based payment
           instruments issued by resident PSP (except cards with an e-money function only), fraudulent cash withdrawals using
           card-based payment instruments (except e-money transactions) and for fraudulent e-money transactions with e-
           money issued by resident PSPs.
      4.   ‘Losses due to fraud per liability bearer’ is further split into ‘the reporting PSP’, ‘the PSU of the reporting PSP’ and
           ‘others’. As the sub-categories are mutually exclusive, the total value of ‘losses due to fraud per liability bearer’ is the
           sum of those sub-categories.
      5.   ‘Losses due to fraud per liability bearer’ is reported by the PSP that reports the fraudulent payment transaction and is
           only reported for the value of fraudulent transactions. Furthermore, the item is only reported for sent transactions.
      6.   The sum of ‘losses due to fraud per liability bearer’ is not equal to the total value of fraudulent transactions.
            Fra ud ul e nt c r ed i t t ran s fers
      7.   Fraudulent credit transfers are further split into the fraud origin (i.e. ‘issuance of a payment order by the fraudster’,
           ‘modification of a payment order by the fraudster’ and ‘manipulation of the payer by the fraudster to issue a payment
           order’).
      8.   The fraud origin is reported broken down by ‘authenticated via SCA’ and ‘authenticated via non-SCA’.
      9.   For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent credit
           transfers equals the sum of the different fraud origins. The same principle applies to the value of transactions.
            Fra ud ul e n t d i re ct d e bi ts
      10. Fraudulent direct debits are further split into the fraud origin (i.e. ‘unauthorised payment transaction’ and
           ‘manipulation of the payer’).
      11. The fraud origin is reported broken down by ‘consent given via an electronic mandate’ and ‘consent given in other
           forms’.
      12. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent direct debits
           equals the sum of the different fraud origins. The same principle applies to the value of transactions.
 ---pagebreak--- L 999/22             EN                              Official Journal of the European Union                                      11.12.2020
           Fra u dul e n t c a r d - ba s ed pay m en t tr an sa ction s
      13. Fraudulent card-based payment transactions are further split into fraud origins (i.e. ‘modification of a payment order
           by the fraudster’, ‘manipulation of the payer to make a card-based payment transaction’, and ‘issuance of a payment
           order by the fraudster’, which is further broken down by ‘lost or stolen card’, ‘card not received’, ‘counterfeit card’,
           ‘card details theft’ and ‘others’).
      14. The fraud origins are reported broken down by ‘authenticated via SCA’ or ‘authenticated via non-SCA’
      15. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent card-based
           payment transactions equals the sum of the different fraud origins. The same principle applies to the value of
           transactions.
           Fra udu l en t c a s h w i th d ra w al s u s i n g c a rd-b ase d p aym en t i nstr u me nt s (e x c ept e-m on ey
           t ra nsa ct i on s )
      16. Fraudulent cash withdrawals are further split into fraud origins (i.e. ‘manipulation of the payer to make a cash
           withdrawal’ and ‘issuance of a payment order by the fraudster’ which is further broken down by ‘lost or stolen card’,
           ‘card not received’, ‘counterfeit card’ and ‘other’).
      17. The fraud origins are reported broken down by ‘authenticated via SCA’ or ‘authenticated via non-SCA’.
      18. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent cash
           withdrawals equals the sum of the different fraud origins. The same principle applies to the value of transactions.
           F ra udu le n t e -m o n ey pay m en t t ra n s acti on s
      19. Fraudulent e-money payment transactions are further split into fraud origins (i.e. ‘modification of a payment order by
           the fraudster’, ‘manipulation of the payer to make an e-money payment’ and ‘issuance of a payment order by the
           fraudster’, which is further broken down by ‘lost or stolen e-money card’, ‘e-money card not received’, ‘counterfeit e-
           money card’, ‘card details theft’ and ‘unauthorised e-money account transaction’).
      20. The fraud origins are reported broken down by ‘authenticated via SCA’ or ‘authenticated via non-SCA’.
      21. For each breakdown, the fraud origins are mutually exclusive. Therefore, the total number of fraudulent e-money
           payment transactions equals the sum of the different fraud origins. The same principle applies to the value of
           transactions.
      Part 2.5    Payment transactions per type of terminal involving non-MFIs (Table 6)
      1.   All indicators in this table refer to cash or cashless payment transactions performed at a physical (not virtual) terminal.
      2.   Resident PSPs provide information on all payment transactions they acquire at terminals.
      3.   Resident PSPs provide information on all payment transactions, with cards issued by the PSPs, at terminals at which
           transactions are acquired by non-resident PSPs.
      4.   Payment transactions at terminals at which transactions are acquired by branches or subsidiaries of the PSP abroad are
           not reported by the parent PSP.
 ---pagebreak--- 11.12.2020           EN                           Official Journal of the European Union                                             L 999/23
      5.   Transactions by type of terminal are broken down into three different categories based on the residency of the PSP.
           Categories in points (a) and (b) below are counted on the acquiring side and the category in point (c) below is counted
           on the issuing side:
           (a) payment transactions at terminals at which transactions are acquired by resident PSPs with cards issued by
                resident PSPs;
           (b) payment transactions at terminals at which transactions are acquired by resident PSPs with cards issued by non-
                resident PSPs;
           (c) payment transactions at terminals at which transactions are acquired by non-resident PSPs with cards issued by
                resident PSPs.
      6.   The sub-categories within each category (a), (b) and (c) mentioned in point 5 should not be added up.
      7.   In this table, the geographical breakdown is based on the location of the terminal.
      8.   ‘E-money payment transactions with cards with an e-money function’ include both, transactions with cards on which
           e-money can be stored directly and with cards which give access to e-money stored on e-money accounts.
      9.   For ‘Cash advances at POS terminals’ for which it is not possible to distinguish data on cash advances at POS terminals,
           these are reported as ‘POS transactions’.
      10. ‘Over the counter (OTC) cash deposit’ includes cash deposited into a PSP’s day or night deposit box for crediting to an
           account at the PSP. These transactions do not represent payments in the strict sense, comprising only a change from
           cash to account money.
      11. ‘OTC cash withdrawal’ transactions do not represent payments in the strict sense, comprising only a change from
           account money to cash.
      Part 2.6    Participation in selected payment systems (Table 7)
      1.   This table refers to number, type and institutional sector of participants in a payment system (irrespective of their
           location) and is reported by the payment system operator.
      2.   The indicator ‘number of participants’ is the sum of the two mutually exclusive sub-categories ‘direct participants’ and
           ‘indirect participants’.
      3.   The indicator ‘direct participants’ is the sum of the three mutually exclusive sub-categories ‘credit institutions’, ‘central
           bank’ and ‘other direct participants’.
      4.   The indicator ‘other direct participants’ is the sum of the four mutually exclusive sub-categories ‘public
           administration’, ‘clearing and settlement organisations’, ‘other financial institutions’ and ‘others’.
      Part 2.7    Payments processed by selected payment systems (Table 8)
      1.   This table refers to payment transactions processed through a payment system broken down between large value and
           retail payments systems and is reported by the payment system operator.
      2.   Payment transactions of a PSP on its own account are reported in the relevant indicators in this table.
      3.   In the case of a payment system, in which another payment system, e.g. an ancillary payment system, settles its
           positions, then the following principles apply:
           (a) the system of settlement reports the actual number of settlement operations and the actual amount settled;
 ---pagebreak--- L 999/24             EN                            Official Journal of the European Union                                      11.12.2020
           (b) where payment transactions are cleared outside the payment system and only net positions are settled via the
                payment system, only the transactions for the settlement of net positions are counted, and these are allocated to
                the payment service used for the settlement transaction.
      4.   Each payment transaction is counted only once on the sending participant’s side, i.e. the debiting of the payer’s
           account and the crediting of the payee’s account are not counted separately. Refer to the section on flow of funds in
           Part 2.3 above.
      5.   For multiple credit transfers, i.e. bulk payments, each item of the payment is counted.
      6.   In the case of netting systems, it is the gross number and value of payment transactions that is reported, and not the
           result after netting.
      7.   Payment systems distinguish and report domestic and cross-border transactions according to the residency of the
           sending and receiving participants. The classification ‘domestic transactions’ or ‘cross-border transactions’ reflects the
           location of the parties involved.
      8.   To avoid double-counting, cross-border transactions are counted in the country in which the transaction originates.
      9.   Transactions initiated at ATM are reported in the breakdown of the respective payment service used.
      10. The indicator ‘card-based payment instruments’ includes all payment transactions processed in the payment system,
           irrespective of where the card-based payment instrument was issued or used.
      11. Cancelled payment transactions are excluded. Transactions that are later subject to a rejection transaction are included.
      Part 2.8    Quarterly reporting of payment transactions involving non-MFIs (Table 9)
      1.   Points 1 to 66 of Part 2.3.1 apply to the transactions reported in Table 9, with the exception of point 11. For Table 9
           cross-border card-based payment transactions initiated remotely are reported to identify the country in which the
           point of sale is located, while cross-border card-based payment transactions initiated non-remotely are reported to
           identify the country in which the physical terminal is located.
           Ca rd- b a se d pay m e nt t ran s a ct io ns
      2.   Card-based payment transactions with card-based payment instruments issued by resident PSPs (except cards with an
           e-money function only) are reported, regardless of the location of the payment brand under which the payment
           transaction has been made.
      3.   Sent card-based payment transactions are reported by the issuing PSP.
      4.   Card-based payment transactions also include data on card-based payment transactions at virtual points of sale, e.g.
           over the internet or the telephone.
      5.   Card-based payment transactions with card-based payment instruments are also split into: ‘initiated electronically’
           which is further broken down into initiated remotely and initiated non-remotely. The sub-channels are mutually
           exclusive.
 ---pagebreak--- 11.12.2020         EN                          Official Journal of the European Union                                  L 999/25
      6.   For transactions ‘initiated electronically’, the merchant category code (MCC) is reported when available to the
           reporting agent for both remote and non-remote transactions.
 ---pagebreak--- L 999/26            EN                           Official Journal of the European Union                                       11.12.2020
                                                                 ANNEX II
                                                            DATA DEFINITIONS
                 Term                                                           Definition
      Account information ser­    ‘Account information service’ means ‘account information service’ as defined in Article 4(16) of
      vice (AIS)                  Directive (EU) 2015/2366.
      Account information ser­    ‘Account information service provider’ means ‘account information service provider’ as defined
      vice provider (AISP)        in Article 4(19) of Directive (EU) 2015/2366.
      Account servicing pay­      ‘Account servicing payment service provider’ means ‘account servicing payment service provi­
      ment service provider       der’ as defined in Article 4(17) of Directive (EU) 2015/2366.
      (ASPSP)
      Acquirer                    ‘Acquirer’ means ‘acquirer’ as defined in Article 2(1) of Regulation (EU) 2015/751 (1).
      Acquiring of payment        ‘Acquiring of payment transactions’ means ‘acquiring of payment transactions’ as defined in
      transactions                Article 4(44) of Directive (EU) 2015/2366.
      Agent                       ‘Agent’ means ‘agent’ as defined in Article 4(38) of Directive (EU) 2015/2366.
      Automated            teller Electromechanical device that allows authorised users using a card-based payment instrument
      machine (ATM )              or other means, to withdraw cash from their accounts and/or access other services, allowing
                                  them, inter alia, to make balance enquiries, transfer funds or deposit money.
      ATM cash deposit (except    Cash deposit performed at an ATM using a card-based payment instrument or other means,
      e-money transactions)       including transactions whereby cash is deposited at a terminal, without manual intervention,
                                  and the payer is identified with a card-based payment instrument or other means.
      ATM cash withdrawal         Cash withdrawal performed at an ATM using a card-based payment instrument or other means.
      (except e-money transac­    Cash advances at POS terminals as part of a payment transaction for the purchase of goods or
      tions)                      services (‘cash-back’ transactions) are not included.
      ATM transaction (except     A payment transaction (2) performed at an ATM using a card-based payment instrument or
      e-money transactions)       other means. E-money payment transactions are not included.
      ATM with a cash withdra­    ATM allowing authorised users to withdraw cash from their accounts by using a card-based pay­
      wal function                ment instrument or other means.
      ATM with a credit trans­    ATM allowing authorised users to make credit transfers using a card-based payment instrument
      fer function                or other means.
      Authentication              ‘Authentication’ means ‘authentication’ as defined in Article 4(29) of Directive (EU) 2015/2366.
      Authenticated via non-      ‘Authenticated via non-strong customer authentication’ refers to transactions which are
      strong customer authen­     exempted from strong customer authentication pursuant to Chapter III of Commission Dele­
      tication                    gated Regulation (EU) 2018/389 (3) as well as transactions for which the provisions in
                                  Article 97(1) of Directive (EU) 2015/2366 do not apply. Merchant initiated transactions as
                                  well as other transactions to which SCA is not applicable are included.
 ---pagebreak--- 11.12.2020           EN                         Official Journal of the European Union                                            L 999/27
                Term                                                           Definition
      Branch                     A place of business other than the head office located in the reporting country and established
                                 by a payment service provider (PSP) legally incorporated in another country. It has no legal per­
                                 sonality and directly carries out some or all of the transactions inherent in the business of a PSP.
                                 All of the places of business set up in the reporting country by the same institution legally incor­
                                 porated in another country constitute a single branch. Each of these places of business is
                                 counted as an individual office.
      Card                       A payment instrument based on a unique number that can be used to initiate a payment, cash
                                 withdrawal or cash deposit that is processed using a card scheme or within the network oper­
                                 ated by the issuer of the card. The number can be stored on a physical card, on another device
                                 (including key tag, sticker, smartphone) or can be held virtually without a physical device. Cards
                                 offer the cardholder, in accordance with the agreement with the card issuer, one or more of the
                                 following functions: cash, debit, delayed debit, credit and e-money.
      Card-based       payment   ‘Card-based payment instrument’ means ‘card-based payment instrument’ as defined in
      instrument                 Article 2(20) of Regulation EU 2015/751 including delayed debit cards.
      Card details theft         Theft of sensitive payment data as defined in Article 4(32) of Directive (EU) 2015/2366. The
                                 sensitive payment data in this case refer to data on a card-based payment instrument.
      Card issuer                ‘Card issuer’ means ‘issuer’ as defined in Article 2(2) of Regulation (EU) 2015/751 (4).
      Card not received          A card-based payment instrument that the payer claimed was not received, although the payer’s
                                 PSP (issuer) confirms it was sent to the payer (by any delivery method).
      Card-based       payment   Electronically initiated card-based payment transaction at a physical POS allowing electronic
      transaction initiated at a fund transfers. This item typically includes card-based payment transactions through an electro­
      physical EFTPOS            nic funds transfer at point of sale (EFTPOS) terminal at a merchant’s location. It does not include
                                 e-money payment transactions.
      Card-based       payment   Card-based payment transactions which are initiated at an EFTPOS, ATM or other physical
      transactions with card-    terminal that allows electronic payment initiation or remotely by electronic means of informa­
      based payment instru­      tion transmission. Card-based payment transactions with card-based payment instruments
      ments issued by resident   issued by resident PSPs initiated in paper-based form (e.g. via card-based payment instrument
      PSP initiated electroni­   imprinter or where the payment information is captured manually on paper vouchers) are not
      cally                      included.
      Card-based       payment   Card-based payment transactions performed using debit, delayed debit or credit cards at a term­
      transactions with card-    inal or via other channels.
      based payment instru­      All payment transactions initiated with a card-based payment instrument are included, i.e:
      ments issued by resident   (a) all transactions in which the acquirer and the issuer of the card-based payment instrument/
      PSPs (except cards with         transaction are different entities; and
      an e-money function        (b) all transactions in which the acquirer and the issuer of the card-based payment instrument/
      only)                           transaction are the same entity.
                                 Deductions from the PSP’s account resulting from the settlement of a card-based payment trans­
                                 action in which the acquirer and the issuer of the card-based payment instrument/transaction
                                 are the same entity are included.
                                 Card-based payment transactions by telephone or over the internet using a card-based payment
                                 instrument are included.
                                 E-money payment transactions are not included.
                                 Cash withdrawals and deposits at ATMs are not included. These are reported as ‘ATM cash with­
                                 drawals’ or ‘ATM cash deposits’.
                                 Credit transfers at ATMs are not included. These are reported as ‘credit transfers’.
                                 Cash advances at POS terminals are not included.
 ---pagebreak--- L 999/28              EN                        Official Journal of the European Union                                        11.12.2020
                  Term                                                        Definition
      Card-based        payment  Card-based payment transactions initiated at a physical terminal through a manual authorisa­
      transactions with card-    tion procedure (e.g. imprinters) (card present transactions) or payments initiated via mail order
      based payment instru­      or telephone order (MOTO) (card not present transactions).
      ments issued by resident
      PSPs initiated non-elec­
      tronically
      Card-based        payment  Electronically initiated card-based payment transactions which are a type of remote payment
      transactions with card-    transactions as defined in Article 4(6) of Directive (EU) 2015/2366.
      based payment instru­
      ments issued by resident
      PSPs initiated electroni­
      cally via remote payment
      channel
      Card-based        payment  Non-electronically initiated card-based payment transactions which are a type of remote pay­
      transactions with card-    ment transactions as defined in Article 4(6) of Directive (EU) 2015/2366.
      based payment instru­
      ments issued by resident
      PSPs initiated non-elec­
      tronically via remote pay­
      ment channel
      Card with a cash function  A card enabling the holder to withdraw cash from an ATM and/or to deposit cash to an ATM.
      Card with a combined       A card issued by a PSP, which has a combined cash, debit and e-money function.
      debit, cash and e-money
      function
      Card with a contactless    A card that allows a card payment transaction to be initiated with a particular type of contactless
      payment function           technology and where both the payer and the payee of the payment transaction (and/or their
                                 equipment) are in the same physical location.
      Card with a payment        A card which has at least one of the following functions: a debit function, delayed debit function
      function (except cards     or credit function. The card may also have other functions, such as an e-money function, but
      with an e-money func­      cards with only an e-money function are not counted in this category. Cards with only a cash
      tion only)                 withdrawals/deposits function are not included.
      Card with an e-money       A card on which e-money can be stored directly and/or gives access to e-money stored on e-
      function                   money accounts, enabling e-money payment transactions.
      Card-based        payment  ‘Card-based payment transaction’ means ‘card-based payment transaction’ as defined in Article 2
      transaction                (7) of Regulation EU 2015/751 including delayed debit cards.
      Card on which e-money      E-money held on a card in the e-money holder’s possession. Refer also to the definition of ‘elec­
      can be stored directly     tronic money’.
      Cards which give access    Refer to definition of ‘e-money accounts’.
      to e-money stored on e-
      money accounts
 ---pagebreak--- 11.12.2020           EN                         Official Journal of the European Union                                            L 999/29
                 Term                                                         Definition
      Card with an e-money       A card with an e-money function which has been loaded at least once and can thus be consid­
      function which has been    ered activated. Loading may be interpreted as indicative of the intention to use the e-money
      loaded at least once       function.
      Cash                       Banknotes and coins in circulation that are held outside the MFI sector or in the vaults of mone­
                                 tary financial institutions (MFIs).
      Cash advance at point of   Transactions in which the cardholder using a card or other means receives cash at a POS term­
      sale (POS) terminals       inal in combination with a payment transaction for goods or services (commonly referred to as
                                 ‘cash-back’).
      Cash withdrawal using      Cash withdrawal at an ATM or at the counter of a PSP using a card with a cash function. E-
      card-based       payment   money payment transactions are not included while cash advances at POS are included.
      instruments (except e-
      money transactions)
      Central bank               Central bank means ‘central bank’ (subsector S.121) as defined in paragraphs 2.72 to 2.74 of
                                 Annex A to Regulation (EU) No 549/2013.
      Cheque                     A written and signed order from one party, i.e. the drawer, to another, i.e. the drawee, which is in
                                 principle a credit institution, requiring the drawee to pay a specified sum unconditionally and
                                 on demand to the drawer or to a third party specified by the drawer.
      Clearing and settlement    Any clearing and settlement organisation which is a direct participant in a payment system.
      organisation
      Concentration ratio        ‘Concentration ratio’ means the market share of the five largest senders of payment transactions
                                 in each system (this may include the central bank). The five largest senders of transactions in
                                 terms of volume may differ from the five largest senders in terms of value. Each participant
                                 which has individual access to the system is counted separately, irrespective of whether an
                                 affiliation between two or more participants exists.
      Consent given via an elec­ A consent given by the payer via a mandate as defined in Article 2(21) of Regulation
      tronic mandate             (EU) No 260/2012 which is in electronic form.
      Contactless low value      Contactless payments to which Article 11 of the Commission Delegated Regulation
                                 (EU) 2018/389 applies.
      Contactless payment        A payment transaction using a card or other means where the payer and the merchant (and/or
                                 their equipment) are at the same physical location and where the communication between the
                                 portable device and the point of sale (POS) takes place through contactless technology.
      Counterfeit card           The use of an altered or illegally reproduced card-based payment instrument, including the
                                 replication or alteration of the magnetic strip or embossing.
      Counterfeit e-money card   The use of an altered or illegally reproduced e-money card, including the replication or altera­
                                 tion of the magnetic strip or embossing.
      Credit card                ‘Credit card’ has the same meaning as ‘credit card’ as defined in Article 2(34) of Regulation
                                 (EU) 2015/751. For the purposes of this Regulation, delayed debit cards are excluded.
      Credit institution         ‘Credit institution’ means ‘credit institution’ as defined in Article 4(1)(1) of Regulation
                                 (EU) No 575/2013 (5).
 ---pagebreak--- L 999/30             EN                           Official Journal of the European Union                                           11.12.2020
                 Term                                                             Definition
      Credit transfer              ‘Credit transfer’ means ‘credit transfer’ as defined in Article 4(24) of Directive (EU) 2015/2366.
      Credit transfers initiated   Any credit transfer which the payer submits in non-paper-based form, i.e. electronically.
      electronically
      Credit transfer initiated in An electronically initiated credit transfer that is part of a group of credit transfers jointly
      a file/batch                 initiated by the payer via a dedicated line. Each credit transfer contained in a batch is counted
                                   as a separate credit transfer when reporting the number of transactions.
      Credit transfer initiated in A credit transfer initiated by the payer in paper-based form or by instructing staff at a branch
      paper-based form             over the counter (OTC) to initiate a credit transfer and any other credit transfer, which requires
                                   manual processing.
      Credit transfer initiated    An electronically initiated credit transfer that is independent from other credit transfers, i.e. that
      on a single payment basis    is not part of a group of credit transfers jointly initiated.
      Credit transfer payment      Refer to the definition of ‘payment scheme’. International payment schemes include SEPA Credit
      scheme                       Transfer scheme and SEPA Instant Credit Transfer scheme.
      Credits to the accounts by   Credit transaction initiated by a PSP (including electronic money issuer) without a specific trans­
      simple book entry            action order and executed by simple book entry (simple book entry means a credit entry, to the
                                   account of a customer, without the use of a traditional payment instrument). The following
                                   transactions are reported for this item: (a) interest payment by the bank; (b) dividend payment
                                   by the bank; (c) disbursal of the amount of a loan to the current account of the customer; and (d)
                                   other credits to the account by simple book entry. These data are excluded from credit transfers.
      Cross-border      payment    A payment transaction initiated by a payer or by a payee, where the payer’s PSP and the payee’s
      transaction                  PSP are located in different countries. For card-based payment transactions, ‘cross-border pay­
                                   ment transaction’ means ‘cross-border payment transaction’ as defined in Article 2(8) of Regula­
                                   tion (EU) 2015/751. (6)
                                   Specifically, in the case of payment systems: a payment transaction between participants located
                                   in different countries.
      Debit card                   ‘Debit card’ means ‘debit card’ as defined in Article 2(33) of Regulation (EU) 2015/751.
      Debits from the account      Debit transaction initiated by a PSP (including electronic money issuer) without a specific trans­
      by simple book entry         action order and executed by simple book entry (debit entry) to the account of a customer, i.e.
                                   without the use of a traditional payment instrument. The following transactions are reported for
                                   this item: (a) charge of interest by the bank; (b) deduction of banking fees; (c) payment of taxes
                                   linked to financial assets, if they are a separate transaction but not separately authorised by the
                                   customer; (d) repayments of the amount of a loan; and (e) other debits to the account by simple
                                   book entry. These data are excluded from direct debits.
      Delayed debit card           A card enabling cardholders to have their purchases charged to an account with the card issuer
                                   up to an authorised limit. The balance in this account is then settled in full at the end of a pre-
                                   defined period. The holder is usually charged an annual fee.
                                   The distinguishing feature of a card with a delayed debit function, in contrast to a card with a
                                   credit function or a debit function, is the contractual agreement granting a credit line but includ­
                                   ing an obligation to settle the debt incurred at the end of a pre-defined period without charging
                                   interest rates. This type of card is commonly referred to as a ‘charge card’.
 ---pagebreak--- 11.12.2020           EN                           Official Journal of the European Union                                               L 999/31
                 Term                                                             Definition
      Direct debit                 ‘Direct debit’ means ‘direct debit’ as defined in Article 4(23) of Directive (EU) 2015/2366.
      Direct debit initiated in a  An electronically initiated direct debit that is part of a group of direct debits jointly initiated by
      file/batch                   the payee. Each direct debit contained in a batch is counted as a separate direct debit when
                                   reporting the number of transactions.
      Direct debit initiated on a  An electronically initiated direct debit that is independent from other direct debits, i.e. that is not
      single payment basis         part of a group of direct debits jointly initiated.
      Direct debit payment         Refer to definition of ‘payment scheme’. International direct debit schemes include SEPA Direct
      scheme                       Debit Core scheme and SEPA Direct Debit Business to Business scheme.
      Direct participant           An entity which is identified or recognised by a payment system and is authorised to send and
                                   receive payment orders directly to and from the system without an intermediary or is directly
                                   bound by the rules governing the payment system. In some systems, direct participants also
                                   exchange orders on behalf of indirect participants. Every participant with individual access to
                                   the system is counted separately.
      Domestic payment trans­      ‘Domestic payment transaction’ means ‘national payment transaction’ as defined in
      action                       Article 2(27) of Regulation (EU) No 260/2012. For card-based payment transactions, ‘domestic
                                   payment transaction’ means ‘domestic payment transaction’ as defined in Article 2(9) of Regula­
                                   tion (EU) 2015/751.
      E-commerce                   The sale or purchase of goods or services, whether between businesses, households, individuals
                                   or private organizations, through electronic transactions conducted via the internet or other
                                   computer-mediated (online communication) networks. The term covers the ordering of goods
                                   and services which are sent over computer networks, but the payment and the ultimate delivery
                                   of the goods or service may be conducted either on- or off-line.
      EFTPOS terminal              An EFTPOS terminal captures payment information by electronic means and is designed, in
                                   some cases, to transmit such information either online, with a real-time request for authorisa­
                                   tion, or offline. EFTPOS terminals include unattended terminals.
      Electronic    money      (e- ‘Electronic money’ means ‘electronic money’ as defined in Article 2(2) of Directive
      money)                       2009/110/EC.
      Electronic money institu­    ‘Electronic money institution’ means ‘electronic money institution’ as defined in Article 2(1) of
      tion                         Directive 2009/110/EC.
      Electronic money issuer      ‘Electronic money issuer’ means ‘electronic money issuer’ as defined in Article 2(3) of Directive
                                   2009/110/EC.
      E-money account              An account in which e-money (7) is stored and in which the balance can be used by the account
                                   holder to make payments and to transfer funds between accounts.
      E-money            account   Refer to definitions for ‘e-money account’ and ‘card with an e-money function’.
      accessed through a card
      E-money       card      not  An e-money card that the payer claimed was not received, although the payer’s PSP (issuer) con­
      received                     firms it was sent to the payer (by any delivery method).
 ---pagebreak--- L 999/32             EN                       Official Journal of the European Union                                        11.12.2020
                 Term                                                       Definition
      E-money card terminal    Terminal allowing the transfer of electronic value from an electronic money issuer to the holder
                               of a card with an e-money function and vice versa (i.e. loading and unloading) or terminal allow­
                               ing holders of e-money on a card with an e-money function to transfer e-money value from
                               their balance to the balance of the merchant or other beneficiary.
      E-money card accepting   Terminal allowing holders of e-money on a card with an e-money function to transfer e-money
      terminal                 value from their balance to the balance of the merchant or other beneficiary.
      E-money card-loading     Terminal allowing the transfer of e-money value from an electronic money issuer to the holder
      and unloading terminal   of a card with an e-money function and vice versa, i.e. loading and unloading.
      E-money card-loading     Transactions allowing the transfer of e-money value from an electronic money issuer to the
      and unloading            holder of a card with an e-money function and vice versa. Both loading and unloading transac­
                               tions are included.
      E-money payment trans­   ‘E-money payment transaction’ means a payment transaction using electronic money. See the
      action                   definition of ‘electronic money’.
      E-money payment with     A transaction whereby the holder of a card with an e-money function transfers e-money value
      cards on which e-money   from its balance stored on the card to the balance of the beneficiary.
      can be stored directly
      E-money payment with e-  A transaction whereby funds are transferred from the e-money account of a payer, to the
      money accounts           account of a payee. See the definition of ‘e-money accounts’.
      E-money payment with e-  A transaction whereby a card is used to access an e-money account and subsequently funds are
      money accounts of which: transferred from the e-money account of the payer, to the account of a payee. See the definition
      accessed through a card  of ‘e-money accounts’.
      Fraudulent       payment ‘Fraudulent payment transaction’ includes all instances of payment fraud referred to in Guideline
      transaction              1.1 of the EBA Guidelines on reporting requirements for fraud data under Article 96(6) PSD2
                               (EBA/GL/2018/05).
      Funds                    ‘Funds’ means ‘funds’ as defined in Article 4(25) of Directive (EU) 2015/2366.
      Indirect participant     A participant, in a payment system with a tiering arrangement, that uses a direct participant as
                               an intermediary to perform some of the activities, in particular, settlement allowed in the sys­
                               tem.
                               All transactions by an indirect participant are settled on the account of a direct participant that
                               has agreed to represent the indirect participant in question. Every participant that can be
                               addressed individually in the system is counted separately, whether or not a legal link exists
                               between two or more such participants.
      Initiation of a payment  The submission of a payment order (8) by a payment service user.
      transaction
      Instant payment          Instant payments are electronic retail payments that are processed in real time, 24 hours a day,
                               365 days a year, where the funds are made available immediately for use by the recipient.
      Institutions offering    Comprises all PSPs as defined in this annex and which offer payment services to non-MFIs.
      payment services to
      non-MFIs
 ---pagebreak--- 11.12.2020           EN                         Official Journal of the European Union                                               L 999/33
                  Term                                                         Definition
      Interchange fee            ‘Interchange fee’ means ‘interchange fee’ as defined in Article 2(10) of Regulation
                                 (EU) 2015/751.
      Issuance of a payment      ‘Issuance of a payment order by the fraudster’ means ‘issuance of a payment order by the fraud­
      order by the fraudster     ster’ as defined in Guideline 1.6. d. of the EBA Guidelines on reporting requirements for fraud
                                 data under Article 96(6) PSD2 (EBA/GL/2018/05).
      Large-value payment sys­   ‘Large-value payment system’ means ‘large-value payment system’ as defined in Article 2(18) of
      tem (LVPS)                 Regulation (EU) No 260/2012 of the European Parliament and of the Council.
      Losses due to fraud per    ‘Losses due to fraud per liability bearer’ means ‘losses due to fraud per liability bearer’ as defined
      liability bearer           in Guideline 1.6. b. of the EBA Guidelines on reporting requirements for fraud data under Arti­
                                 cle 96(6) PSD2 (EBA/GL/2018/05).
      Lost or stolen card        A fraud type that occurs with the use of a lost or stolen card-based payment instrument (debit,
                                 delayed debit or credit card) without the actual, implied, or apparent authority of the cardholder.
      Lost or stolen e-money     A fraud type that occurs with the use of a lost or stolen e-money card without the actual,
      card                       implied, or apparent authority of the cardholder.
      Low value                  Payment transactions for which the exception in Article 16 of the Commission Delegated Reg­
                                 ulation (EU) 2018/389 applies.
      Manipulation      of   the ‘Manipulation of the payer’ means ‘manipulation of the payer’ as defined in Guideline 1.1. b. of
      payer                      the EBA Guidelines on reporting requirements for fraud data under Article 96(6) of Directive
                                 (EU) 2015/2366 (EBA/GL/2018/05).
      Merchant                   An entity that is authorised to receive funds in exchange for the delivery of goods and/or ser­
                                 vices and has established an agreement with a PSP, for accepting these funds.
      Merchant category code     A four-digit number (listed in ISO 18245) for retail financial services. MCC is used to classify the
      (MCC)                      business by the type of goods or services it provides.
      Merchant initiated trans­  ‘Merchant initiated transaction’ means ‘Merchant initiated transaction’ as defined in Annex II,
      action (MIT)               Part C, footnote 4 of the EBA Guidelines amending the EBA Guidelines on reporting require­
                                 ments for fraud data under Article 96(6) of Directive (EU) 2015/2366 (EBA/GL/2020/01).
      Mobile payment solution    A solution used to initiate payments for which the payments data and the payment instructions
                                 are transmitted and/or confirmed via mobile communication and data transmission technology
                                 through a mobile device. This category includes digital wallets and other mobile payment solu­
                                 tions used to initiate P2P (person-to-person) and/or C2B (consumer-to-business) transactions, i.
                                 e. credit transfers, card payments and/or e-money transactions.
      Modification of a pay­     ‘Modification of a payment order by the fraudster’ means ‘modification of a payment order by
      ment order by the fraud­   the fraudster’ as defined in Guideline 1.6 c of the EBA Guidelines on reporting requirements for
      ster                       fraud data under Article 96(6) PSD2 (EBA/GL/2018/05).
      Monetary financial insti­  Monetary financial institution (MFI) means ‘Monetary financial institution’ as defined in para­
      tutions (MFIs)             graph 2.67 of Annex A to Regulation (EU) No 549/2013.
      Money remittance           ‘Money remittance’ means ‘money remittance’ as defined in Article 4(22) of Directive
                                 (EU) 2015/2366.
 ---pagebreak--- L 999/34             EN                        Official Journal of the European Union                                          11.12.2020
                 Term                                                          Definition
      Near Field Communica­     A contactless payment transaction using NFC technology (ISO/IEC 18092).
      tion (NFC) payment
      Non-MFI                   Any natural or legal person that does not belong to the MFI sector.
                                For the purpose of payments statistics, all PSPs are excluded from the ‘non-MFIs’ sector.
      Number of accounts        The number of different accounts accessed by the AISP in the reporting period.
      accessed by AISPs
      Number of clients         The number of payment service users to which the AISP offers its services.
      Number of overnight       Number of accounts holding overnight deposits as defined in ‘Instrument categories’ in point
      deposits                  9.1 of the table ‘Instrument categories’ of Part 2 of Annex II to Regulation (EU) No 1071/2013
                                (ECB/2013/33).
      Number of overnight       Number of overnight deposit accounts held by non-MFIs which the account holder can access
      deposits of which: number and use electronically via the internet or with PC banking applications via dedicated software
      of internet/PC linked     and dedicated telecommunication lines.
      overnight deposits
      Number of transferable    Number of accounts holding transferable overnight deposits as defined in ‘Instrument cate­
      overnight deposits        gories’ in point 9.1a of Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33).
      Number of transferable    Number of accounts holding transferable overnight deposits as defined in ‘instrument cate­
      overnight deposits of     gories’ in point 9.1a of Part 2 of Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33)
      which: number of inter­   held by non-MFIs which the account holder can access and use electronically via the internet
      net/PC linked overnight   or with PC banking applications via dedicated software and dedicated telecommunication lines.
      transferable deposits
      Online banking based      Credit transfer initiated through online banking and payment initiation services.
      credit transfers
      Over the counter (OTC)    A cash deposit to an account at the PSP using a form, including where a card is used merely to
      cash deposits             identify the payer.
      Over the counter (OTC)    A cash withdrawal from an account at the PSP using a form, including where a card is used
      cash withdrawals          merely to identify the payee.
      Other direct participants Any direct participant in a payment system, excluding credit institutions and central banks.
      Other e-money issuer      E-money issuers other than ‘e-money institutions’ and ‘credit institutions’. Refer to the definition
                                of ‘electronic money issuer’.
      Other financial institu­  All financial institutions participating in a payment system that are under the supervision of the
      tions                     relevant authorities, i.e. either the central bank or the prudential supervisor, but not falling
                                within the definition of credit institutions.
      Other PSPs and e-money    Other PSPs and e-money issuers means ‘Payment service providers’ as defined in this Annex
      issuers                   excluding credit institutions as defined in this Annex, e-money institutions as defined in this
                                Annex, payment institutions as defined in this Annex and central banks as defined in this
                                Annex.
 ---pagebreak--- 11.12.2020           EN                       Official Journal of the European Union                                           L 999/35
                 Term                                                        Definition
      Other payment services    Any payment service within the scope of Directive (EU) 2015/2366 but which cannot be
                                included in any of the other categories of payment service in Annex III.
      Other     services    not Any service outside the scope of Directive (EU) 2015/2366 and which cannot be included in
      included in Directive     any of the other categories of payment service in Annex III.
      (EU) 2015/2366
      Outstanding value on e-   Value, at the end of the reporting period, of e-money issued by electronic money issuers and
      money storages issued by  held by entities other than the issuer, including electronic money issuers other than the issuer.
      electronic money issuers
      P2P mobile       payment  A solution where payments are initiated, confirmed and/or received by an individual to another
      solution                  individual (P2P), via a mobile device. The payment instruction and other payment data are trans­
                                mitted and/or confirmed with a mobile device. A distinctive mobile payment identifier, such as
                                mobile telephone number or e-mail address, can be used as a proxy to identify the payer and/or
                                payee. P2P mobile payment solutions can be used to initiate credit transfers, card payments and/
                                or e-money transactions.
      Payee                     ‘Payee’ means ‘payee’ as defined in Article 4(9) of Directive (EU) 2015/2366.
      Payer                     ‘Payer’ means ‘payer’ as defined in Article 4(8) of Directive (EU) 2015/2366.
      Payment account           ‘Payment account’ means ‘payment account’ as defined in Article 4(12) of Directive
                                (EU) 2015/2366.
      Payment card scheme       ‘Payment card scheme’ means ‘payment card scheme’ as defined in Article 2(16) of Regulation
      (PCS)                     (EU) 2015/751.
      Payment initiation ser­   ‘Payment initiation service’ means ‘payment initiation service’ as defined in Article 4(15) of
      vice                      Directive (EU) 2015/2366.
      Payment initiation ser­   ‘Payment initiation service provider (PISP)’ means ‘payment initiation service provider’ as
      vice provider (PISP)      defined in Article 4(18) of Directive (EU) 2015/2366.
      Payment institution       ‘Payment institution’ means ‘payment institution’ as defined in Article 4(4) of Directive
                                (EU) 2015/2366.
      Payment instrument        ‘Payment instrument’ means ‘payment instrument’ in Article 4(14) of Directive
                                (EU) 2015/2366.
      Payment order             ‘Payment order’ means ‘payment order’ as defined in Article 4(13) of Directive (EU) 2015/2366.
      Payment scheme            'Payment scheme' means a set of formal, standardised and common rules enabling the transfer
                                of value between end-users by means of electronic payment instruments. It is managed by a gov­
                                ernance body.
      Payment service provider  ‘Payment service provider’ means ‘payment service provider’ as defined in Article 4(11) of Direc­
      (PSP)                     tive (EU) 2015/2366.
      Payment     service  user ‘Payment service user’ means ‘payment service user’ as defined in Article 4(10) of Directive
      (PSU)                     (EU) 2015/2366.
      Payment service           ‘payment service’ means any of the business activities listed in Annex I to Directive
                                (EU) 2015/2366 or any of the services listed in Article 4(3)(a) of this Regulation.
      Payment system            ‘Payment system’ means ‘payment system’ as defined in Article 4(7) of Directive
                                (EU) 2015/2366.
 ---pagebreak--- L 999/36             EN                          Official Journal of the European Union                                      11.12.2020
                 Term                                                           Definition
      Payment system operator    ‘PSO’ means a legal entity that is legally responsible for operating a payment system.
      (PSO)
      Payment to self            Payment transactions for which the exception in Article 15 of the Commission Delegated
                                 Regulation (EU) 2018/389 applies.
      Point of sale              ‘Point of sale’ means ‘point of sale’ as defined in Article 2(29) of Regulation (EU) 2015/751.
      Point of sale (POS) termi­ A physical device used at a retail location to capture payment information typically electroni­
      nal                        cally, for consumer-to-business transactions (purchases).The payment information is captured
                                 either manually on paper vouchers or by electronic means, i.e. EFTPOS.
      POS terminal accepting e-  A POS terminal that additionally can accept e-money payments. E-money card terminals only
      money transactions         accepting e-money payments are not included (9).
      POS transactions (except   Transactions performed through a POS terminal using a card or other means containing the
      e-money transactions)      appropriate payment application.
                                 Transactions using a card with an e-money function and cash advances at POS are not included.
      General government         General government means ‘General government’ (sector S.13) as defined in paragraphs 2.111
                                 to 2.117 of Annex A to Regulation (EU) No 549/2013.
      Recurring transaction      Payment transactions for which the exception in Article 14 of the Commission Delegated
                                 Regulation (EU) 2018/389 applies.
      Remote payment transac­    ‘Remote payment transaction’ means ‘remote payment transaction’ as defined in Article 4(6) of
      tion                       Directive (EU) 2015/2366.
      Retail payment system      ‘Retail payment system’ means ‘retail payment system’ as defined in Article 2(22) of Regulation
      (RPS)                      (EU) No 260/2012 of the European Parliament and of the Council.
      Secure corporate pay­      Payment transactions for which the exception in Article 17 of the Commission Delegated Reg­
      ment processes and pro­    ulation (EU) 2018/389 applies.
      tocols
      Single Euro Payments       SEPA is a European Union (EU) payments integration initiative aimed at harmonising electronic
      Area (SEPA)                euro payments in Europe. It relates to a common set of specified technical and business require­
                                 ments for payment transactions in euro as set out in the Regulation (EU) 260/2012.
      Strong customer authen­    ‘Strong customer authentication (SCA)’ means ‘strong customer authentication’ as defined in
      tication (SCA)             Article 4(30) of Directive (EU) 2015/2366.
      Tiering arrangement        An arrangement whereby indirect participants in a system require the services of direct partici­
                                 pants in order to carry out their transactions.
      Total number of cards      Total number of cards in circulation. These may have one or more of the following functions:
      (irrespective of the num­  cash, debit, credit, delayed debit or e-money.
      ber of functions on the
      card)
      Total payment transac­     Total number of transactions using payment instruments involving non-MFIs. Total value of
      tions involving non-MFIs   transactions using payment instruments involving non-MFIs.
      Total transactions sent    Total number of transactions submitted to and processed in a given payment system.
                                 Total value of transactions submitted to and processed in a given payment system.
 ---pagebreak--- 11.12.2020          EN                         Official Journal of the European Union                                           L 999/37
                 Term                                                        Definition
      Transaction Risk Analy­    Payment transactions for which the exception in Article 18 of the Commission Delegated
      sis (TRA)                  Regulation (EU) 2018/389 applies.
      Transactions at terminals  Payment transactions carried out at all terminals at which transactions are acquired by resident
      at which transactions are  PSPs (i.e. whether terminals are located in, or outside, the country of location of the PSP) and
      acquired by resident PSPs  where the cards used in the transactions are issued by resident PSPs.
      with cards issued by resi­ Geographical breakdowns (as specified in Annex III) refer to the country of location of the term­
      dent PSPs                  inals.
      Transactions at terminals  Payment transactions carried out at all terminals at which transactions are acquired by resident
      at which transactions are  PSPs (i.e. whether terminals are located in, or outside, the country of location of the PSP) and
      acquired by resident PSPs  where the cards used in the transactions are issued by non-resident PSPs.
      with cards issued by non-  Geographical breakdowns (as specified in Annex III) refer to the country of location of the term­
      resident PSPs              inals.
      Transactions at terminals  Payment transactions carried out at all terminals at which transactions are acquired by non-resi­
      at which transactions are  dent PSPs (i.e. whether terminals are located in, or outside, the country of location of the PSP),
      acquired by non-resident   where the cards used in the transactions are issued by resident PSPs.
      PSPs with cards issued by  Geographical breakdowns (as specified in Annex III) refer to the country of location of the term­
      resident PSPs              inals.
      Transaction received       A transaction involving non-MFIs received from PSPs. Information is provided in the reporting
                                 country by the resident PSP.
                                 For different payment services, the following applies:
                                 (a) credit transfers are counted on the payee’s side;
                                 (b) direct debits are counted on the payer’s side;
                                 (c) cheques are counted on the payer’s side;
                                 (d) card transactions are counted on the payee’s, i.e. acquiring side;
                                 (e) e-money payment transactions are counted on either the payer’s or the payee’s side,
                                     depending on the initiation channel. If counted on the payer’s (payee’s) side under
                                     transactions received, the transaction should be counted on the payee’s (payer’s) side under
                                     transactions sent.
      Transaction sent           A transaction involving non-MFIs sent to PSPs. Information is provided in the reporting country
                                 by the resident PSP.
                                 For different payment services, the following applies:
                                 (a) credit transfers are counted on the payer’s side;
                                 (b) direct debits are counted on the payee’s side;
                                 (c) cheques are counted on the payee’s side;
                                 (d) card transactions are counted on the payer’s, i.e. the issuing, side.
                                 (e) e-money payment transactions are counted on either the payer’s or the payee’s side,
                                     depending on the initiation channel. If counted on the payer’s (payee’s) side under
                                     transactions sent, the transaction should be counted on the payee’s (payer’s) side under
                                     transactions received.
                                 Concerning payment systems, this is a transaction sent by a participant for processing by the
                                 payment system.
      Transferable deposits      ‘Transferable deposits’ means ‘transferable deposits’ as defined in ‘Instrument categories’ point
                                 9.1a of Part 2 Annex II to Regulation (EU) No 1071/2013 (ECB/2013/33).
      Trusted beneficiaries      Payment transactions for which the exception in Article 13 of the Commission Delegated
                                 Regulation (EU) 2018/389 applies.
      Unattended terminals for   Payment transactions for which the exception in Article 12 of the Commission Delegated
      transport fares or parking Regulation (EU) 2018/389 applies.
      fees
 ---pagebreak--- L 999/38               EN                              Official Journal of the European Union                                      11.12.2020
                   Term                                                                Definition
      Unauthorised       payment        ‘Unauthorised payment transaction’ means ‘unauthorised payment transaction’ as defined in
      transaction                       Guideline 1.1.a of the EBA Guidelines on reporting requirements for fraud data under
                                        Article 96(6) PSD2 (EBA-GL-2018-05).
      Unauthorised e-money              ‘Unauthorised e-money account transaction’ means an ‘unauthorised payment transaction’ as
      account transaction               defined above in respect to the use of an e-money account.
      (1) Regulation (EU) 2015/751 of the European Parliament and of the Council of 29 April 2015 on interchange fees for card-based
          payment transactions (OJ L 123, 19.5.2015, p. 1).
      (2) See definition of ‘payment transaction’ in the Regulation.
      (3) Commission Delegated Regulation (EU) 2018/389 of 27 November 2017 supplementing Directive (EU) 2015/2366 of the European
          Parliament and of the Council with regard to regulatory technical standards for strong customer authentication and common and
          secure open standards of communication (OJ L 69, 13.3.2018, p. 23).
      (4) Regulation (EU) 2015/751 of the European Parliament and of the Council of 29 April 2015 on interchange fees for card-based
          payment transactions (OJ L 123, 19.5.2015, p. 1).
      (5) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit
          institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).
      (6) Cross-border card-based payment transactions, as defined in Annex II, require information on the counterpart residency and the
          location of the point of sale in order to determine whether card-based payment transactions are cross-border. Therefore, the
          counterpart residency and the location of the point of sale should be reported together.
      (7) See definition of ‘electronic money’ in this Annex.
      (8) See definition of ‘payment order’ in this Annex
      (9) See definition of ‘e-money card terminals’ in this Annex.
 ---pagebreak--- 11.12.2020           EN                          Official Journal of the European Union                                          L 999/39
                                                                ANNEX III
                                                          REPORTING SCHEMES
      Cells highlighted in grey represent the reporting requirements. Payment service providers should report Tables 1 to 6 and
      Table 9; payment system operators should report Tables 7 and 8. There are two versions of Tables 4 and 5, only one of
      which should be reported. Tables 4a and 5a should be reported by all payment service providers which have not been
      granted a derogation pursuant to Article 4, whereas reporting agents which have been granted a derogation pursuant to
      Article 4(2) and (3) should report the statistical information in Tables 4b and 5b. The geographical breakdowns are
      explained in detail at the end of this Annex.
      Table 1 is reported by all PSPs, except those granted derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                  Table 1
                    Institutions offering payment services to non-monetary financial institutions (non-MFIs)
                      (End of period; number in actual units; value in EUR; Geo 0 except when otherwise indicated)
                                                                                      Number                        Value
      Credit institutions
      Number of overnight deposits
          of which:
          Number of internet/PC-linked overnight deposits
          Number of transferable overnight deposits
              of which:
              Number of internet/PC-linked transferable overnight deposits
      Number of payment accounts
      Number of e-money accounts
      Outstanding value on e-money storages issued (1)
          Account Information Services Providers
          Number of clients                                                            Geo 3
      Electronic money institutions
      Number of payment accounts
      Number of e-money accounts
      Outstanding value on e-money storages issued (1)
 ---pagebreak--- L 999/40             EN                            Official Journal of the European Union                                     11.12.2020
                                                                                        Number                       Value
      Payment institutions
      Number of payment accounts
          Account Information Services Providers
          Number of Clients                                                             Geo 3
      Other PSPs and e-money issuers
      Number of payment accounts
      Number of e-money accounts
      Outstanding value on e-money storages issued (1)
      Account Servicing Payment Services Providers
      Number of payment accounts accessed by Account Information Ser­                   Geo 3
      vice Providers
      (1) Outstanding value on e-money storages issued by e-money issuers.
      Table 2 is reported by all PSPs, except those granted a derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                     Table 2
                                                                Card functions
                                               (End of period; number in actual units; Geo 0)
                                           Cards issued by resident PSPs                                           Number
      Cards with a cash function
      Cards with a payment function (except cards with an e-money function only)
      of which:
      Debit card
      issued under PCS VISA
      issued under PCS MASTERCARD
      issued under other PCSs (1)
      Delayed debit card
      issued under PCS VISA
      issued under PCS MASTERCARD
 ---pagebreak--- 11.12.2020            EN                             Official Journal of the European Union                                      L 999/41
                                             Cards issued by resident PSPs                                         Number
      issued under other PCSs2
      Credit card
      issued under PCS VISA
      issued under PCS MASTERCARD
      issued under other PCSs (1)
      Cards with an e-money function
      Cards on which e-money can be stored directly
      of which:
      Cards with an e-money function that have been loaded at least once
      Cards which give access to e-money stored on e-money accounts
      Total number of cards (irrespective of the number of functions on the card)
      of which:
      Cards with a combined debit, cash and e-money function
      Cards with a contactless payment function
      (1) Cards issued under each other PCS should be reported separately in the manner required by the NCB.
      Table 3 is reported by all PSPs, except those granted derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                       Table 3
                                                             Card accepting devices
                                                (End of period; number in actual units; Geo 3)
                                         Terminals provided by resident PSPs                                       Number
      ATMs
           of which:
           ATMs with a cash withdrawal function
           ATMs with a credit transfer function
           ATMs accepting contactless transactions
 ---pagebreak--- L 999/42               EN                             Official Journal of the European Union                                               11.12.2020
                                           Terminals provided by resident PSPs                                                 Number
      POS terminals
           of which:
           EFTPOS terminals
                of which:
                accepting contactless transactions
                accepting e-money card transactions
      E-money card terminals
           of which:
           E-money card loading and unloading terminals
           E-money card accepting terminals
      Table 4a is reported by all PSPs, except those granted derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                        Table 4a
                                                   Payment transactions involving non-MFIs
               (Total for the period; Geo 3 (*) except when otherwise indicated; number of transactions in millions; value of
                                                            transactions in EUR millions)
                                                                    Sent                                             Received
                                                   Total         Remote          Non-remote          Total         Remote         Non-remote
      Credit transfers
      Credit transfers (total)
        Initiated in paper-based form
        Initiated electronically
          Initiated in a file/batch
      (*)   For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are reported together.
            For card-based payment transactions initiated remotely, sent payment transactions are reported to identify the country of the
            receiving PSP and the country in which the point of sale is located. For card-based payment transactions initiated non-remotely, sent
            payment transactions are reported to identify the country of the receiving PSP and the country in which the physical terminal is
            located. Received payment transactions initiated remotely are reported to identify the country of the sending PSP and the country in
            which the point of sale is located. Received payment transactions initiated non-remotely are reported to identify the country of the
            sending PSP and the country in which the physical point of sale is located
 ---pagebreak--- 11.12.2020          EN                   Official Journal of the European Union                           L 999/43
                                                       Sent                            Received
                                      Total         Remote       Non-remote     Total Remote    Non-remote
        Initiated on a single payment
        basis
          of which:
          Online banking based credit
          transfer
            of which:
            E-commerce payments
          ATM or other PSP terminal
          Mobile payment solution
            of which:
            P2P mobile payment solu­
            tion
        of which:
        Processed by credit transfer
        schemes (1)
          Authenticated via strong
          customer authentication
          (SCA)
          Authenticated via non-
          strong customer authentica­
          tion (non-SCA)
        Reason for authentication via
        non-SCA (2):
         Low value
        Payment to self
        Trusted beneficiaries
        Recurring transaction
        Secure corporate payment
        processes and protocols
 ---pagebreak--- L 999/44              EN                     Official Journal of the European Union                        11.12.2020
                                                           Sent                            Received
                                          Total         Remote       Non-remote     Total Remote    Non-remote
          Transaction Risk Analysis
          Contactless low value
          Unattended terminals for
          transport fares or parking fees
        Other
        of which:
        Initiated by PISP
      Direct debits
      Direct debits (total)
        Initiated in a file/batch
        Initiated on a single payment
        basis
        Consent given via an electronic
        mandate
          Processed by direct debit
          schemes (1)
        Consent given in other forms
          Processed by direct debit
          schemes (1)
      Card-based payment transac­
      tions
      Card-based payment transactions
      with card-based payment instru­
      ments issued by resident PSPs
      [sent] / acquired by resident PSPs
      (except cards with an e-money
      function only) [received]
        initiated non-electronically
        initiated electronically
 ---pagebreak--- 11.12.2020          EN                    Official Journal of the European Union                           L 999/45
                                                        Sent                            Received
                                       Total         Remote       Non-remote     Total Remote    Non-remote
        of which:
        Mobile payment solution
          of which:
          P2P mobile payment solution
        Initiated at a physical EFTPOS
          of which:
          Contactless payments
            of which:
            Near Field Communication
            (NFC) payments
        Initiated at an ATM
        Others
        of which:
        Processed by payment card
        schemes (1)
          of which:
          with debit cards
          with delayed debit cards
          with credit cards
          of which:
          Authenticated via strong
          customer authentication
          (SCA)
          Authenticated via non-
          strong customer authentica­
          tion (non-SCA)
 ---pagebreak--- L 999/46             EN                    Official Journal of the European Union                        11.12.2020
                                                         Sent                            Received
                                        Total         Remote       Non-remote     Total Remote    Non-remote
          Reason for authentication via
          non-SCA (2):
            Trusted beneficiaries
            Recurring transaction
            Contactless low value
            Unattended terminals for
            transport fares or parking
            fees
            Low value
            Secure corporate payment
            processes and protocols
            Transaction risk analysis
            Merchant initiated transac­
            tions (MIT)
            Other
      Cash withdrawals
      Cash withdrawals using card-
      based payment instruments
      (except e-money transactions)
      (total)
        Processed by payment card
        schemes (1)
          of which:
          with debit cards
          with delayed debit cards
          with credit cards
 ---pagebreak--- 11.12.2020           EN                   Official Journal of the European Union                           L 999/47
                                                        Sent                            Received
                                       Total         Remote       Non-remote     Total Remote    Non-remote
      E-money payment transactions
      E-money payment transactions
      with e-money issued by resident
      PSPs (total)
       With cards on which e-money
       can be stored directly
       With e-money accounts
         of which:
         Accessed through a card
         Mobile payment solution
           of which:
           P2P payment solution
         Others
       Authenticated via strong custo­
       mer authentication (SCA)
       Authenticated via non-strong
       customer authentication (non-
       SCA)
         Reason for authentication via
         non-SCA:
         Low value
         Trusted beneficiaries
         Recurring transaction
         Payment to self
         Secure corporate payment
         processes and protocols
 ---pagebreak--- L 999/48             EN                       Official Journal of the European Union                        11.12.2020
                                                            Sent                            Received
                                           Total         Remote       Non-remote     Total Remote    Non-remote
          Transaction risk analysis
          Contactless low value
          Unattended terminals for
          transport fares or parking fees
          Merchant initiated transac­
          tions (MIT)
          Other
      Cheques
      Money remittances
      Other payment services
      Total payment transactions
      involving non-MFIs
      Payment initiation services
        Authenticated via strong custo­
        mer authentication (SCA)
        Authenticated via non-strong
        customer authentication (non-
        SCA)
        of which broken down by payment
        instrument:
        Credit transfers
        Other
      Other services (not included in
      Directive (EU) 2015/2366)
        Credits to the accounts by simple Geo_0
        book entry
 ---pagebreak--- 11.12.2020             EN                             Official Journal of the European Union                                                  L 999/49
                                                                    Sent                                             Received
                                                   Total         Remote          Non-remote          Total         Remote         Non-remote
        Debits from the accounts by               Geo_0
        simple book entry
        Others                                    Geo_0
      (1) Reported for each scheme separately.
      (2) The reason for authentication via non-SCA are not broken down by scheme.
      Table 4b is reported only by PSPs granted a derogation pursuant to Article 4(2) and (3) on an annual basis, with a half-
      yearly breakdown.
                                                                        Table 4b
                    Payment transactions involving non-MFIs reported by reporting agents granted a derogation
                 (Total for the period, Geo 3 (*), number of transactions in millions, value of transactions in EUR millions)
                                                                    Sent                                             Received
                                                   Total         Remote         Non -remote          Total         Remote         Non-remote
      Credit transfers
      Credit transfers (total)
        Initiated in paper-based form
        Initiated electronically
          of which:
          Authenticated via strong cus­
          tomer authentication (SCA)
          Authenticated via non-strong
          customer authentication (non-
          SCA)
      (*)   For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are reported together.
            For card-based payment transactions initiated remotely, sent payment transactions are reported to identify the country of the
            receiving PSP and the country in which the point of sale is located. For card-based payment transactions initiated non-remotely, sent
            payment transactions are reported to identify the country of the receiving PSP and the country in which the physical terminal is
            located. Received payment transactions initiated remotely are reported to identify the country of the sending PSP and the country in
            which the point of sale is located. Received payment transactions initiated non-remotely are reported to identify the country of the
            sending PSP and the country in which the physical point of sale is located
 ---pagebreak--- L 999/50             EN                     Official Journal of the European Union                        11.12.2020
                                                          Sent                            Received
                                         Total         Remote       Non -remote    Total Remote    Non-remote
           Reason for authentication via
           non-SCA:
           Low value
           Payment to self
           Trusted beneficiaries
           Recurring transaction
           Secure corporate payment
           processes and protocols
           Transaction Risk Analysis
           Contactless low value
           Unattended terminals for
           transport fares or parking
           fees
         Other
         of which:
         Initiated by PISP
      Direct debits
      Direct debits (total)
        Consent given via an electronic
        mandate
        Consent given in other forms
      Card-based payment transac­
      tions
      Card-based payment transactions
      with card-based payment instru­
      ments issued by resident PSPs
      [sent] / acquired by resident PSPs
      (except cards with an e-money
      function only) [received]
 ---pagebreak--- 11.12.2020           EN                     Official Journal of the European Union                           L 999/51
                                                          Sent                            Received
                                         Total         Remote       Non -remote    Total Remote    Non-remote
       initiated non-electronically
       initiated electronically
         of which:
         with debit card
         with delayed debit card
         with credit card
         of which:
         Authenticated via strong cus­
         tomer authentication (SCA)
         Authenticated via non-strong
         customer authentication (non-
         SCA)
           Reason for authentication via
           non-SCA:
           Trusted beneficiaries
           Recurring transaction
           Contactless low value
           Unattended terminals for
           transport fares or parking
           fees
           Low value
           Secure corporate payment
           processes and protocols
           Transaction risk analysis
           Merchant initiated transac­
           tions (MIT)
           Other
 ---pagebreak--- L 999/52             EN                      Official Journal of the European Union                        11.12.2020
                                                           Sent                            Received
                                          Total         Remote       Non -remote    Total Remote    Non-remote
      Cash withdrawals
      Cash withdrawals using card-
      based payment instruments
      (except e-money transactions)
      (total)
        of which:
        with debit cards
        with delayed debit cards
        with credit cards
      E-money payment transactions
      E-money payment transactions
      with e-money issued by resident
      PSPs (total)
        Authenticated via strong custo­
        mer authentication (SCA)
        Authenticated via non-strong
        customer authentication (non-
        SCA)
          Reason for authentication via
          non-SCA:
          Low value
          Trusted beneficiaries
          Recurring transaction
          Payment to self
          Secure corporate payment
          processes and protocols
          Transaction risk analysis
          Contactless low value
          Unattended terminals for
          transport fares or parking fees
 ---pagebreak--- 11.12.2020             EN                             Official Journal of the European Union                                                  L 999/53
                                                                    Sent                                             Received
                                                   Total         Remote         Non -remote          Total         Remote         Non-remote
          Merchant initiated transac­
          tions (MIT)
          Other
      Money remittances
      Payment initiation services
        Authenticated via strong custo­
        mer authentication (SCA)
        Authenticated via non-strong
        customer authentication (non-
        SCA)
        of which broken down by payment
        instrument:
        Credit transfers
        Other
      Table 5a is reported by all PSPs, except those granted a derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                        Table 5a
                                            Fraudulent payment transactions involving non-MFIs
                 (Total for the period; Geo 3 (*), number of transactions in millions, value of transactions in EUR millions)
                except when otherwise indicated; number of transactions in millions; value of transactions in EUR millions)
                                                                    Sent                                             Received
                                                   Total         Remote          Non-remote          Total         Remote         Non-remote
      Fraudulent credit transfers
      Fraudulent credit transfers (total)
        Initiated in paper-based form
      (*)   For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are reported together.
            For card-based payment transactions initiated remotely, sent payment transactions are reported to identify the country of the
            receiving PSP and the country in which the point of sale is located. For card-based payment transactions initiated non-remotely, sent
            payment transactions are reported to identify the country of the receiving PSP and the country in which the physical terminal is
            located. Received payment transactions initiated remotely are reported to identify the country of the sending PSP and the country in
            which the point of sale is located. Received payment transactions initiated non-remotely are reported to identify the country of the
            sending PSP and the country in which the physical point of sale is located
 ---pagebreak--- L 999/54              EN                    Official Journal of the European Union                        11.12.2020
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
       Initiated electronically
         Initiated in a file/batch
         Initiated on a single payment
         basis
           of which:
           Online banking based credit
           transfer
             of which:
             E-commerce payments
           ATM or other PSP terminal
           Mobile payment solution
             of which:
             P2P mobile payment solu­
             tion
         of which:
         Processed by credit transfer
         schemes (1)
           Authenticated via strong
           customer authentication
           (SCA)
             of which fraudulent credit
             transfers by origin:
             Issuance of a payment order
             by the fraudster
             Modification of a payment
             order by the fraudster
             Manipulation of the payer
             by the fraudster to issue a
             payment order
 ---pagebreak--- 11.12.2020           EN                    Official Journal of the European Union                           L 999/55
                                                         Sent                            Received
                                        Total         Remote       Non-remote     Total Remote    Non-remote
         Authenticated via non-strong
         customer authentication (non-
         SCA)
          of which fraudulent credit
          transfers by origin:
          Issuance of a payment order
          by the fraudster
          Modification of a payment
          order by the fraudster
          Manipulation of the payer by
          the fraudster to issue a pay­
          ment order
         Reason for authentication via
         non-SCA (2):
          Low value
          Payment to self
          Trusted beneficiaries
          Recurring transaction
          Secure corporate payment
          processes and protocols
          Transaction Risk Analysis
          Contactless low value
          Unattended terminals for
          transport fares or parking
          fees
       Other
       of which:
       Initiated by PISP
 ---pagebreak--- L 999/56              EN                        Official Journal of the European Union                        11.12.2020
                                                              Sent                            Received
                                             Total         Remote       Non-remote     Total Remote    Non-remote
       of which losses due to fraud per
       liability bearer: (3)
       The reporting PSP                     Geo1
       The PSU of the reporting PSP          Geo1
       Others                                Geo1
      Fraudulent direct debits
      Fraudulent direct debits (total)
       Initiated in a file/batch
       Initiated on a single payment
       basis
       Consent given via an electronic
       mandate
         Processed by direct debit
         schemes (1)
           of which fraudulent direct debits
           by origin:
           Unauthorised payment
           transaction
           Manipulation of the payer
       Consent given in other forms
         Processed by direct debit
         schemes (1)
           of which fraudulent direct debits
           by origin:
           Unauthorised payment
           transaction
           Manipulation of the payer
       of which losses due to fraud per
       liability bearer: (3)
       The reporting PSP                     Geo1
 ---pagebreak--- 11.12.2020            EN                    Official Journal of the European Union                           L 999/57
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
        The PSU of the reporting PSP     Geo1
        Others                           Geo1
      Fraudulent Card-based pay­
      ment transactions
      Fraudulent card-based payment
      transactions with card-based
      payment instruments issued by
      resident PSPs [sent] / acquired by
      resident PSP (except cards with an
      e-money function only) [received]
        initiated non-electronically
        initiated electronically
          of which:
          Mobile payment solution
            of which:
            P2P mobile payment solution
          Initiated at a physical EFTPOS
            of which:
            Contactless payments
              of which:
              Near Field Communication
              (NFC) payments
          Initiated at an ATM
          Others
          of which:
          Processed by payment card
          schemes (1)
 ---pagebreak--- L 999/58           EN                       Official Journal of the European Union                        11.12.2020
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
         of which:
         with debit cards
         with delayed debit cards
         with credit cards
         of which:
         Authenticated via strong
         customer authentication
         (SCA)
           of which fraudulent card pay­
           ments by origin:
           Issuance of a payment order
           by the fraudster
             Lost or Stolen card
             Card Not Received
             Counterfeit card
             Card details theft
             Others
           Modification of a payment
           order by the fraudster
           Manipulation of the payer
           to make a card payment
         Authenticated via non-
         strong customer authentica­
         tion (non-SCA)
           of which fraudulent card pay­
           ments by origin:
           Issuance of a payment order
           by the fraudster
 ---pagebreak--- 11.12.2020            EN                    Official Journal of the European Union                            L 999/59
                                                          Sent                             Received
                                         Total         Remote       Non-remote      Total Remote    Non-remote
               Lost or Stolen card
               Card Not Received
               Counterfeit card
               Card details theft
               Others
             Modification of a payment
             order by the fraudster
             Manipulation of the payer
             to make a card payment
           Reason for authentication via
           non-SCA (2):
             Trusted beneficiaries
             Recurring transaction
             Contactless low value
             Unattended terminals for
             transport fares or parking
             fees
             Low value
             Secure corporate payment
             processes and protocols
             Transaction risk analysis
             Merchant initiated transac­
             tions (MIT)
             Other
       of which losses due to fraud per
       liability bearer: (3)
       The reporting PSP                 Geo1                                    Geo1
 ---pagebreak--- L 999/60               EN                   Official Journal of the European Union                         11.12.2020
                                                          Sent                             Received
                                         Total         Remote       Non-remote      Total Remote    Non-remote
        The PSU of the reporting PSP     Geo1                                    Geo1
        Others                           Geo1                                    Geo1
      Fraudulent cash withdrawals
      Fraudulent cash withdrawals
      using card-based payment instru­
      ments (except e-money transac­
      tions) (total)
        Processed by payment card
        schemes (1)
          of which:
      with debit cards
          with delayed debit cards
          with credit cards
          of which fraudulent cash with­
          drawal by origin:
          Issuance of a payment order
          (cash withdrawal) by the
          fraudster
            Lost or stolen card
            Card Not Received
            Counterfeit card
            Other
          Manipulation of the payer to
          make a cash withdrawal
        of which losses due to fraud per
        liability bearer: (3)
        The reporting PSP                Geo1
        The PSU of the reporting PSP     Geo1
        Others                           Geo1
 ---pagebreak--- 11.12.2020            EN                   Official Journal of the European Union                           L 999/61
                                                         Sent                            Received
                                        Total         Remote       Non-remote     Total Remote    Non-remote
      Fraudulent e-money payment
      transactions
      Fraudulent e-money payment
      transactions with e-money issued
      by resident PSPs (total)
        With cards on which e-money
        can be stored directly
        With e-money accounts
          of which:
          Accessed through a card
          Mobile payment solution
            of which:
            P2P payment solution
          Others
        Authenticated via strong custo­
        mer authentication (SCA)
          of which fraudulent e-money
          payments by origin:
        Issuance of a payment order by
        the fraudster
            Lost or stolen e-money card
            E-money card not received
            Counterfeit e-money card
            Card details theft
            Unauthorised e-money
            account transaction
          Modification of a payment
          order by the fraudster
 ---pagebreak--- L 999/62             EN                    Official Journal of the European Union                        11.12.2020
                                                         Sent                            Received
                                        Total         Remote       Non-remote     Total Remote    Non-remote
         Manipulation of the payer to
         make an e-money payment
       Authenticated via non-strong
       customer authentication (non-
       SCA)
         of which fraudulent e-money
         payments by origin:
         Issuance of a payment order by
         the fraudster
           Lost or stolen e-money card
           E-money card not received
           Counterfeit e-money card
           Card details theft
           Unauthorised e-money
           account transaction
         Modification of a payment
         order by the fraudster
         Manipulation of the payer to
         make an e-money payment
         Reason for authentication via
         non-SCA:
         Low value
         Trusted beneficiaries
         Recurring transaction
         Payment to self
         Secure corporate payment
         processes and protocols
         Transaction risk analysis
         Contactless low value
 ---pagebreak--- 11.12.2020             EN                             Official Journal of the European Union                           L 999/63
                                                                    Sent                            Received
                                                  Total          Remote       Non-remote     Total Remote    Non-remote
          Unattended terminals for
          transport fares or parking fees
          Merchant initiated transac­
          tions (MIT)
          Other
        of which losses due to fraud per
        liability bearer: (3)
        The reporting PSP                        Geo1
        The PSU of the reporting PSP             Geo1
        Others                                   Geo1
      Cheques
      Money remittances
      Other payment services
      Total fraudulent payment
      transactions involving non-
      MFIs
      Payment initiation services
        Authenticated via strong custo­
        mer authentication (SCA)
        Authenticated via non-strong
        customer authentication (non-
        SCA)
        of which broken down by payment
        instrument:
        Credit transfers
        Other
      (1) Reported for each scheme separately.
      (2) The reason for authentication via non-SCA are not broken down by scheme.
      (3) Only reported for the value of fraudulent transactions.
 ---pagebreak--- L 999/64               EN                             Official Journal of the European Union                                               11.12.2020
      Table 5b is reported only by PSPs granted a derogation pursuant to Article 4(2) and (3) on an annual basis, with a half-
      yearly breakdown.
                                                                        Table 5b
                    Fraudulent payment transactions involving non-MFIs reported by reporting agents granted a
                                                                     derogation
                 (Total for the period, Geo 3 (*), number of transactions in millions, value of transactions in EUR millions)
                except when otherwise indicated, number of transactions in millions, value of transactions in EUR millions)
                                                                    Sent                                             Received
                                                   Total         Remote          Non-remote          Total         Remote         Non-remote
      Fraudulent credit transfers
      Fraudulent credit transfers (total)
        Initiated in paper-based form
        Initiated electronically
          of which:
          Authenticated via strong cus­
          tomer authentication (SCA)
            of which fraudulent credit
            transfers by origin:
            Issuance of a payment order
            by the fraudster
            Modification of a payment
            order by the fraudster
            Manipulation of the payer by
            the fraudster to issue a pay­
            ment order
          Authenticated via non-strong
          customer authentication (non-
          SCA)
      (*)   For cross-border card-based payment transactions, the residency of the counterpart and the location of the POS are reported together.
            For card-based payment transactions initiated remotely, sent payment transactions are reported to identify the country of the
            receiving PSP and the country in which the point of sale is located. For card-based payment transactions initiated non-remotely, sent
            payment transactions are reported to identify the country of the receiving PSP and the country in which the physical terminal is
            located. Received payment transactions initiated remotely are reported to identify the country of the sending PSP and the country in
            which the point of sale is located. Received payment transactions initiated non-remotely are reported to identify the country of the
            sending PSP and the country in which the physical point of sale is located
 ---pagebreak--- 11.12.2020           EN                     Official Journal of the European Union                           L 999/65
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
          of which fraudulent credit
          transfers by origin:
          Issuance of a payment order
          by the fraudster
          Modification of a payment
          order by the fraudster
          Manipulation of the payer by
          the fraudster to issue a pay­
          ment order
          Reason for authentication via
          non-SCA:
          Low value
          Payment to self
          Trusted beneficiaries
          Recurring transaction
          Secure corporate payment
          processes and protocols
          Transaction Risk Analysis
          Contactless low value
          Unattended terminals for
          transport fares or parking
          fees
        Other
        of which:
        Initiated by PISP
        of which losses due to fraud per
        liability bearer: (1)
        The reporting PSP                Geo1
        The PSU of the reporting PSP     Geo1
 ---pagebreak--- L 999/66               EN                         Official Journal of the European Union                        11.12.2020
                                                                Sent                            Received
                                               Total         Remote       Non-remote     Total Remote    Non-remote
          Others                               Geo1
      Fraudulent direct debits
      Fraudulent direct debits (total)
        Consent given via an electronic
        mandate
          of which fraudulent direct debits by
          origin:
          Unauthorised payment trans­
          action
          Manipulation of the payer
        Consent given in other forms
          of which fraudulent direct debits by
          origin:
          Unauthorised payment trans­
          action
          Manipulation of the payer
        of which losses due to fraud per
        liability bearer: (1)
        The reporting PSP                      Geo1
        The PSU of the reporting PSP           Geo1
        Others                                 Geo1
      Fraudulent Card-based pay­
      ment transactions
      Fraudulent card-based payment
      transactions with card-based
      payment instruments issued by
      resident PSP [sent] / acquired by
      resident PSP (except cards with an
      e-money function only) [received]
 ---pagebreak--- 11.12.2020           EN                     Official Journal of the European Union                           L 999/67
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
       initiated non-electronically
       initiated electronically
         of which:
         with debit cards
         with delayed debit cards
         with credit cards
         of which:
         Authenticated via strong cus­
         tomer authentication (SCA)
           of which fraudulent card pay­
           ments by origin:
           Issuance of a payment order
           by the fraudster
             Lost or Stolen card
             Card Not Received
             Counterfeit card
             Card details theft
             Others
           Modification of a payment
           order by the fraudster
           Manipulation of the payer to
           make a card payment
         Authenticated via non-strong
         customer authentication (non-
         SCA)
           of which fraudulent card pay­
           ments by origin:
           Issuance of a payment order
           by the fraudster
 ---pagebreak--- L 999/68              EN                    Official Journal of the European Union                        11.12.2020
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
             Lost or Stolen card
             Card Not Received
             Counterfeit card
             Card details theft
             Others
           Modification of a payment
           order by the fraudster
           Manipulation of the payer to
           make a card payment
           Reason for authentication via
           non-SCA:
           Trusted beneficiaries
           Recurring transaction
           Contactless low value
           Unattended terminals for
           transport fares or parking
           fees
           Low value
           Secure corporate payment
           processes and protocols
           Transaction risk analysis
           Merchant initiated transac­
           tions (MIT)
           Other
       of which losses due to fraud per
       liability bearer: (1)
       The reporting PSP                 Geo1                                      Geo1
 ---pagebreak--- 11.12.2020             EN                    Official Journal of the European Union                           L 999/69
                                                           Sent                            Received
                                          Total         Remote       Non-remote     Total Remote    Non-remote
        The PSU of the reporting PSP      Geo1                                      Geo1
        Others                            Geo1                                      Geo1
      Fraudulent cash withdrawals
      Fraudulent cash withdrawals
      using card-based payment instru­
      ments (except e-money transac­
      tions) (total)
        with debit cards
        with delayed debit cards
        with credit cards
        of which fraudulent cash withdra­
        wals by origin:
        Issuance of a payment order by
        the fraudster
          Lost or stolen card
          Card Not Received
          Counterfeit card
          Other
        Manipulation of the payer to
        make a cash withdrawal
        of which losses due to fraud per
        liability bearer: (1)
        The reporting PSP                 Geo1
        The PSU of the reporting PSP      Geo1
        Others                            Geo1
      Fraudulent e-money payment
      transactions
 ---pagebreak--- L 999/70             EN                    Official Journal of the European Union                        11.12.2020
                                                         Sent                            Received
                                        Total         Remote       Non-remote     Total Remote    Non-remote
      Fraudulent e-money payment
      transactions with e-money issued
      by resident PSPs (total)
        Authenticated via strong custo­
        mer authentication (SCA)
         of which fraudulent e-money
         payments by origin:
         Issuance of a payment order by
         the fraudster
           Lost or stolen e-money card
           E-money card not received
           Counterfeit e-money card
           Card details theft
           Unauthorised e-money
           account transaction
         Modification of a payment
         order by the fraudster
         Manipulation of the payer to
         make an e-money payment
        Authenticated via non-strong
        customer authentication (non-
        SCA)
         of which fraudulent e-money
         payments by origin:
         Issuance of a payment order by
         the fraudster
           Lost or stolen e-money card
           E-money card not received
 ---pagebreak--- 11.12.2020            EN                    Official Journal of the European Union                           L 999/71
                                                          Sent                            Received
                                         Total         Remote       Non-remote     Total Remote    Non-remote
           Counterfeit e-money card
           Card details theft
           Unauthorised e-money
           account transaction
         Modification of a payment
         order by the fraudster
         Manipulation of the payer to
         make an e-money payment
         Reason for authentication via
         non-SCA:
         Low value
         Trusted beneficiaries
         Recurring transaction
         Payment to self
         Secure corporate payment
         processes and protocols
         Transaction risk analysis
         Contactless low value
         Unattended terminals for
         transport fares or parking fees
         Merchant initiated transac­
         tions (MIT)
         Other
       of which losses due to fraud per
       liability bearer: (1)
       The reporting PSP                 Geo1
 ---pagebreak--- L 999/72              EN                              Official Journal of the European Union                                  11.12.2020
                                                                    Sent                                  Received
                                                  Total          Remote        Non-remote    Total       Remote       Non-remote
        The PSU of the reporting PSP             Geo1
        Others                                   Geo1
      Money remittances
      Payment initiation services
        Authenticated via strong custo­
        mer authentication (SCA)
        Authenticated via non-strong
        customer authentication (non-
        SCA)
        of which broken down by payment
        instrument:
        Credit transfers
        Other
      (1) Only reported for the value of fraudulent transactions.
      Table 6 is reported by all PSPs, except those granted derogation pursuant to Article 4(2) and (3), on a semi-annual basis.
                                                                        Table 6
                                     Payment transactions per type of terminal involving non-MFIs
              (Total for the period; number of transactions in millions; value of transactions in EUR millions; Geo 3 except
                                                              when otherwise indicated)
                           Transactions per type of terminal (1)                          Number                    Value
         a)   Transactions at terminals at which transactions are
              acquired by resident PSPs with cards issued by resident
              PSPs
              of which:
              ATM cash withdrawals (except e-money transactions)
              ATM cash deposits (except e-money transactions)
              Other ATM transactions (except e-money transactions)
              POS transactions (except e-money transactions)
 ---pagebreak--- 11.12.2020        EN                            Official Journal of the European Union           L 999/73
                      Transactions per type of terminal (1)                         Number Value
           E-money card loading and unloading transactions
           E-money payment transactions with cards with an e-money
           function
       b)  Transactions at terminals at which transactions are
           acquired by resident PSPs with cards issued by non-resi­
           dent PSPs
           of which:
           ATM cash withdrawals (except e-money transactions)
           ATM cash deposits (except e-money transactions)
           Other ATM transactions (except e-money transactions)
           POS transactions (except e-money transactions)
           E-money card loading and unloading transactions
           E-money payment transactions with cards with an e-money
           function
       c)  Transactions at terminals at which transactions are
           acquired by non-resident PSPs with cards issued by resi­
           dent PSPs
           of which:
           ATM cash withdrawals (except e-money transactions)
           ATM cash deposits (except e-money transactions)
           Other ATM transactions (except e-money transactions)
           POS transactions (except e-money transactions)
           E-money card loading and unloading transactions
           E-money payment transactions with cards with an e-money
           function
           OTC cash withdrawals                                                      Geo 1 Geo 1
 ---pagebreak--- L 999/74              EN                             Official Journal of the European Union                                  11.12.2020
                           Transactions per type of terminal (1)                          Number                    Value
              OTC cash deposits                                                           Geo 1                    Geo 1
              Cash advances at POS terminals                                              Geo 1                    Geo 1
      (1) The geographical (Geo) breakdowns are based on the location of the terminal.
      Table 7 is reported by payment system operators.
                                                                      Table 7
                                                 Participation in selected payment systems
                                                 (End of period; number in actual units; Geo 1)
                        Payment system (other than TARGET2)                                          Number
      Number of participants
        Direct participants
          Credit institutions
          Central bank
          Other direct participants
           General Government
           Clearing and settlement organisations
           Other financial institutions
           Others
        Indirect participants
      Table 8 is reported by payment system operators.
                                                                      Table 8
                                             Payments processed by selected payment systems
              (Total for the period; number of transactions in millions; value of transactions in EUR millions; Geo 4 except
                                                            when otherwise indicated)
                                                                                                       Sent
                                                                                          Number                    Value
      Payment system (other than TARGET2) – Large value payments system
      Total transactions
      Credit transfers
 ---pagebreak--- 11.12.2020           EN                Official Journal of the European Union                L 999/75
                                                                                  Sent
                                                                           Number      Value
      Initiated in paper-based form                                         Geo 1      Geo 1
      Initiated electronically                                              Geo 1      Geo 1
      Direct debits
      Card-based payment transactions
      ATM cash withdrawals
      ATM cash deposits
      E-money payment transactions
      Cheques
      Other payment services
      Concentration ratio                                                   Geo 1      Geo 1
      Payment system (other than TARGET2) – Retail payments system
      Total transactions
      Credit transfers
      Initiated in paper-based form                                         Geo 1      Geo 1
      Initiated electronically                                              Geo 1      Geo 1
      of which:
      Instant                                                               Geo 1      Geo 1
      Direct debits
      Card-based payment transactions
      ATM cash withdrawals
      ATM cash deposits
      E-money payment transactions
      Cheques
      Other payment services
      Concentration ratio                                                   Geo 1      Geo 1
 ---pagebreak--- L 999/76              EN                            Official Journal of the European Union                                             11.12.2020
      Table 9 is reported by all PSPs, except those granted a derogation pursuant to Article 4(2) and (3), on a quarterly basis.
                                                                     Table 9
                                    Quarterly reporting of payment transactions involving non-MFIs
                (Total for the period; Geo 6 (**); number of transactions in millions; value of transactions in EUR millions)
                                                                                                         Sent
                                                                                 Total                 Remote               Non-remote
      Credit transfers
      Credit transfers (total)
      Initiated electronically
      Direct debits
      Direct debits (total)
      Card-based payment transactions
      Card-based payment transactions with card-based payment
      instruments issued by resident PSPs (except cards with an e-
      money function only) [sent]
      Initiated electronically
      of which:
      MCC
      E-money payment transactions
      E-money payment transactions with e-money issued by
      resident PSPs (total)
      Cheques
      (**)  Cross-border card-based payment transactions initiated remotely are reported to identify the country in which the point of sale is
            located, while cross-border card-based payment transactions initiated non-remotely are reported to identify the country in which
            the physical terminal is located.
 ---pagebreak--- 11.12.2020           EN                           Official Journal of the European Union                                      L 999/77
                                                        Geographical breakdowns
             Geo 0                Geo 1              Geo 2                  Geo 3                 Geo 4               Geo 6
      Domestic            Domestic and         Cross-border        Domestic              Domestic              Single country
                          cross-border                                                                         breakdown for all
                          combined                                 Single country break­ Cross-border within   countries (1)
                                                                   down for each EEA     the EEA
                                                                   member
                                                                   Rest of the world     Rest of the world
                                                                   (cross-border outside (cross-border outside
                                                                   the EEA)              the EEA)
      (1) Based on ISO 3166:https://www.iso.org/obp/ui/#search
 ---pagebreak--- L 999/78             EN                          Official Journal of the European Union                                         11.12.2020
                                                                 ANNEX IV
                          MINIMUM STANDARDS TO BE APPLIED BY THE ACTUAL REPORTING POPULATION
      Reporting agents must fulfil the following minimum standards to meet the European Central Bank’s (ECB’s) statistical
      reporting requirements.
      1. Minimum standards for transmission:
         (a) reporting must be timely and within the deadlines set by the relevant NCB;
         (b) statistical reports must take their form and format from the technical reporting requirements set by the relevant
              NCB;
         (c) the reporting agent must provide the details of one or more contact persons to the relevant NCB;
         (d) the technical specifications for data transmission to the relevant NCBs must be followed.
      2. Minimum standards for accuracy:
         (a) statistical information must be correct: all linear constraints must be fulfilled (e.g. subtotals must add up to totals),
              and data must be consistent across all frequencies;
         (b) reporting agents must be able to provide information on the developments implied by the transmitted data;
         (c) statistical information must be complete and must not contain continuous and structural gaps; existing gaps must
              be acknowledged, explained to the relevant NCB and, where applicable, bridged as soon as possible;
         (d) reporting agents must follow the rounding policy set by the relevant NCB for the technical transmission of the data.
      3. Minimum standards for compliance with concepts:
         (a) statistical information must comply with the definitions and classifications contained in this Regulation;
         (b) in the event of deviations from these definitions and classifications reporting agents must monitor and quantify the
              difference between the measure used and the measure contained in this Regulation on a regular basis;
         (c) reporting agents must be able to explain breaks in the transmitted data compared with the previous periods’ figures.
      4. Minimum standards for revisions:
      The revisions policy and procedures set by the ECB and the relevant NCB must be followed. Revisions deviating from
      regular revisions must be accompanied by explanatory notes.