229 W 43rd St, New York, NY 10036, United States, New York, Arizona, 10036, United States
Established January 2021
A payment institution means a payment institution authorised by the Central Bank under Regulation 18 of the PSR. Payment institutions must obtain authorisation. Payment Institution is the most popular license providing payment solutions for internet shops all around Europe. European Union Payment Services Directive.
A “Payment Institution” covers a wide range of activity from non-bank regulated financial institutions to money remitters and mobile network operators. Payment institutions are companies established for the purpose of providing payment services as their core business activity, but which may also pursue others. Payment Services are regulated in Malta by the Financial Institutions Act which also regulates EMI.
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