P

• Parent company"

  A company that is not a subsidiary of another credit institution or financial company established in the WAMU and holding at least one subsidiary that is a credit institution.

• Payment acceptance system and services

  Set of rules, means, procedures, and platforms enabling a goods and services provider to accept a card or electronic money as a form of payment.

• Payment means and services issuance system

  Set of rules, means, procedures, and platforms enabling the initiation, routing, and processing of payment instructions.