Payment service subject to authorization pursuant to the German Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz - ZAG). In this case, the payment service provider transmits funds from third parties with whom no relationship by account exists. Example: As part of a cashback campaign the payment service provider pays out sales-related credits to supermarket customers for the purchase of certain products or refunds the purchase amount following a product recall by the manufacturer.
