Encyclopedia
Payment system operator
Payer system operator — legal entities that carry out information exchange between participants in settlements when paying customs duties and taxes using electronic or payment terminals, ATMs, responsible for the receipt of funds paid using electronic or payment terminals, ATMs, into the account of the Federal Treasury and (or) into an account determined by international agreements of member states of the Customs Union, and ensuring proper performance of obligations undertaken in accordance with Russian legislation through the provision of bank guarantees and (or) depositing monetary funds (money) into the account of the Federal Treasury. Requirements for payer system operators, procedures for organizing interaction between the payer system operator, customs duty and tax payers, and the federal executive authority authorized in the field of customs affairs are determined by the Government of the Russian Federation1.
A payment system operator is an organization that determines the rules of the payment system, as well as performs other obligations provided for by this Federal Law2;
Federal Law No. 311-FZ dated November 27, 2010 "On Customs Regulation in the Russian Federation", as amended on November 27, 2010, Article 116 // RSFSR Gazette. 2010. No. 48. Article 6252. ↩
Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on September 29, 2011, Article 3, subpara. 6 // RSFSR Gazette. 2011. No. 27. Article 3872. ↩