No. The definition provided under paragraph 6 of the Policy Document, provides that MVTS refers to financial services that involve the acceptance of cash, cheques, other monetary instruments or other stores of value and the payment of a corresponding sum in cash or other forms to a beneficiary by means of communication, message, transfer, or to a clearing network to which the MVTS provider belongs.

Transactions performed by such services can involve one or more intermediaries and a final payment to a third party, and may include any new payment methods.