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microenterprise

as defined in Directive (EU) 2015/2366 of the European Parliament and of the Council of 25…, Article 4, point (36) (Definitions)

an enterprise, which at the time of conclusion of the payment service contract, is an enterprise as defined in Article 1 and Article 2(1) and (3) of the Annex to Recommendation 2003/361/EC;

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