Miscellaneous Payment services and the provision of cash
Part 1 of Schedule 1 to the PSRs sets out the activities that constitute payment services for the purposes of those regulations, when carried out as a regular occupation or business activity. This includes services enabling cash withdrawals from a payment account and all of the operations required for operating a payment account. Cashback without purchase is therefore a payment service under these regulations.
	Part 2 of Schedule 1 to the PSRs sets out activities which do not constitute payment activities for the purposes of those regulations. This includes services where cash is provided by the payee to the payer as part of a payment transaction for the purchase of goods and services. This is commonly known as ‘cashback with a purchase’.