The Payment Services Regulations 2009 No. 209

PART 6 RIGHTS AND OBLIGATIONS IN RELATION TO THE PROVISION OF PAYMENT SERVICES

Liability

Liability of payment service provider for charges and interest

77.  A payment service provider is liable to its payment service user for—

(a) any charges for which the payment service user is responsible; and

(b) any interest which the payment service user must pay,

as a consequence of the non-execution or defective execution of the payment transaction.