BFT P111494 B EBA Wi-Fi Gateway, ND

Product Information

Can you please clarify the definition of 'previous year' when computing the “total amount of payment transactions executed” referred to in the calculation of “payment volume” for method B in the Article 9 of Directive EU 2015/36 (PSD2) as to whether it should be the previous 12 months from the date of calculation, therefore a rolling calculation, or whether it refers to the 'previous accounting year'?

At the moment where the own funds are calculated, usually on a month-end basis, the “preceding year” referred to in Article 9 is the full 12 month-period prior to the moment of calculation. through the U-control management app, the B-eba card is registered on the home wi-fi network and thus allows the operator to be remotely managed.To contribute to the stability and effectiveness of the European financial system, the EBA develops harmonised rules for financial institutions, promotes convergence of supervisory practices, monitors, and advises on the impact of financial innovation and the transition to sustainable finance.

Share with us your experiences, your doubts and your work; we will respond to all your needs and keep you updated on all the Bft news and innovations. For over 30 years, Bft has been designing intelligent and innovative solutions for every home and building automation need. A technology conceived and designed to work using specific gateways for each type of physical support and communication protocol. We believe that the calculation should be based on the previous accoutning year however our local regulator has suddenly changed this and interpreted it to be 'the previous 12 months'.Most purchases from business sellers are protected by the Consumer Contract Regulations 2013 which give you the right to cancel the purchase within 14 days after the day you receive the item. We also facilitate information sharing among authorities and institutions through supervisory reporting and data disclosure. We are proud members of the AFA American Fence Association and the SIA Security Industry Association.

The B-EBA Wi-Fi Gateway is an expansion card that allows the device it is installed with to connect to the web by using TCP/IP technology on the Wi-Fi network and then be remotely controlled via the U-Control app by BFT. The encryption keys are held on state-of-the-art, tamper proof systems in the same family as those used to secure VeriSign's Global Root certificate, making them all but impossible to extract.Once the manufacturer determines that the merchandise is defective under warranty, they will either repair or replace the unit. Payment institutions, except those offering only services as referred to in point (7) or (8) of Annex I to PSD2 should, at all times, hold own funds calculated in accordance with one of the methods described in Article 9 PSD2, notwithstanding the initial capital requirements set out in Article 7 PSD2.