What is Neonomics and what has payments completed with Kivra to do with it?
Neonomics is a Norway-based Payment Initiation Service Provider (“PISP”) offering Payment Initiation Services (“PIS Service”) in collaboration with Kivra to eligible users of Kivra. PIS Services will enable customers of Kivra to i.a. pay invoices that they receive in their electronic mailboxes directly by transfer of funds from their online bank accounts (a “PIS transfer”), as further set out and regulated in EU’s Revised Payment Services Directive (“PSD2”) (Directive (EU) 2015/2366) and any applicable national legislation. Please refer to the Payment Services Act (amended by act 898/2017) and the Payment Institutions Act 890/2017.
Further information can be found in Kivras general terms and conditions.