Regulates payment services and electronic money in Andorra. Article 1 designates AFA as the competent authority for supervision, authorisation and registration. The instrument concerns electronic-money or mobile-money activity and the providers responsible for delivering it. It establishes the regulatory context for the issuance or provision of the services described above.

Its practical relevance is the legal treatment of the service and its provider. The governing framework and its implementing provisions determine how that activity fits within financial regulation, alongside the technical arrangements used to deliver the customer’s payment experience.

A payment-services framework distinguishes the legal provider of a service from the technology or channel used to deliver it. Operating an account, initiating a payment, acquiring a merchant transaction and transmitting money can involve different roles. Identifying who contracts with the user, receives funds and sends the payment instruction is therefore central to understanding the service's place within the regulatory perimeter.

Authorisation and service delivery answer different questions. The institutional framework determines who may operate and under what conditions; the operational and customer-facing arrangements determine how an individual payment is accepted, executed, recorded and resolved if something goes wrong. A licence for one activity should not be interpreted as permission for every other payment or banking activity.

In practical terms, the framework links the legal entity, the service and the movement of customer money. Agents, outsourced processors and banking partners may take part in that chain without occupying the same regulatory role. This distinction helps explain why a payment provider must be assessed alongside its actual funds flow and contractual responsibilities, rather than solely by the product's brand or interface.