Article 35
Access to payment systems
Payment systems shall not impose on payment service providers, on payment service users or on other payment systems any of the following requirements:
restrictive rule on effective participation in other payment systems;
rule which discriminates between authorised payment service providers or between registered payment service providers in relation to the rights, obligations and entitlements of participants;
restriction on the basis of institutional status.
The participant shall provide the requesting payment service provider with full reasons for any rejection.
( 8 ) Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems (OJ L 166, 11.6.1998, p. 45).