Advapay OÜ – business integrator which together with the partnership net renders services in payment business development – complex turn key solutions and consulting.
Advapay OÜ creates a payment service business for those who have a loyal client base, representatives of financial institutions and individuals or groups wishing to establish an alternative to a traditional payment business in European Union states.
Advapay creates a payment service business in an EU state and deliver it ready for use. It is an all-in-one package comprising:
Preliminary consultation, the selection of the most appropriate infrastructure, jurisdiction, type of license, business model etc.;
Assistance with the PSD license authorisation process, the Czech Republic, the UK, in Cyprus, Malta or another EU member state;
Development of required internal procedures and documents;
Local office set-up and staffing;
Implementation of a complete IT solution, including the accounting engine, mobile and internet banking systems, AML module and more;
Hosting and maintenance of the IT solution;
Establishment of business relationships with banks, third-party payment systems and payment service providers, including payment card issuers, money transfer systems etc.
Assistance with the PSD license authorisation process in the UK, Lithuania, the Czech Republic or another EU member state;
Complex solutions and consulting
Advapay allows you to develop existing business or to create a new one expanding the possibilities in the sphere of banking and payment services thanks to our complex solutions:
- Business consulting and development of an organizational infrastructure
- Support of business
- Development of IT solutions
- Establishment of relations with partners
Products and Services
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