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A PISP (Payment Initiation Service Provider) is a regulated actor under PSD2 who has been granted permission to request consent from a consumer to connect to their bank account and initiate payments or transfers on their behalf. Open Banking API specifications support Payment Initiation Services (PIS)
that enable a PISP to initiate a payment order, with the PSU's explicit consent, from their online payment account held at their ASPSP. The PISP is then further able to retrieve the status of a payment order.
This deck covers the different payment types, API resources, the PISP Flow, multi authorization, cut-off date time, payment restrictions, integrating with the bank backend, and release management.