Encyclopedia
Payment acceptance
Payment acceptance — the receipt by a payment agent from a payer of cash funds intended for fulfilling monetary obligations to a supplier in respect of payment for goods (works, services), including the payment of housing and utility services in accordance with the Housing Code of the Russian Federation, as well as subsequent settlements by the payment agent with the supplier1.
Federal Law No. 103-FZ dated 03.06.2009 "On the Activities of Payment Agents in Accepting Payments from Individuals", as amended on 2019-12-27, Art. 3, para. 1 // RSZ RF. 2009. No. 23. Art. 2758. ↩