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# Recital 3

*In force · Directive 2009/110/EC, OJ L 267, 10.10.2009 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/dir/2009/110/oj/eng)*

Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market has established a modern and coherent legal framework for payment services, including the coordination of national provisions on prudential requirements for a new category of payment service providers, namely payment institutions.