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---
title: "payment transaction"
type: definition
status: Published
source: "PSD2 Article 4, point (5)"
defined_term: "payment transaction"
source_regulation: "PSD2"
source_reference: "Article 4, point (5)"
source_node: "eu.psd2.article.4.subparagraph.1.point.5"
cross_regime_auto_link: false
inline_links: pending
text_version: "Consolidated version of 17 January 2025"
source_url: "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117"
check_status: matched
verified: true
last_checked: 2026-10-26
---

*In force · PSD2 Article 4, point (5) · Consolidated version of 17 January 2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117)*

## Definition

> **(5)** ‘**payment transaction**’ means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

## Source

[PSD2, Article 4, point (5)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02015L2366-20250117).