Scope of application

These Guidelines apply in relation to the services based on specific payment instruments that can be used only in a limited way as specified under Article 3(k) of PSD2 that are excluded from the scope of application of PSD2. In particular, the Guidelines set out criteria and factors to be taken into account by competent authorities in the assessment of whether the activities should fall under the Article 3(k) exclusions.

These Guidelines also apply to the notification process under Article 37(2) of PSD2, including the calculation of the threshold and the information to be contained in the notification submitted to competent authorities by issuers.

In addition, these Guidelines apply to the information to be made publicly available on the national register of competent authorities and the central register of EBA in accordance with Article 37 (5) of PSD2.

Finally, parts of these Guidelines apply to services under Article 3(k) of PSD2 that are provided by regulated payment service providers and electronic money issuers.