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Impact of new PSD 2 payment directive on international business (Press Release)
Brexit, PSD2, Lithuania as a new payment jurisdiction and other topics were discussed at the recent Advapay conference.
On June 5 and 6, 2017, leading experts and operators of the financial services market will hold an informal meeting of professionals of the international payment services business.
Remote Identification of Customers for European Payment Institutions. Andrey Borisenkov, CDO ADVAPAY (Press Release)
When choosing the jurisdiction for future payment business it is necessary to consider a large number of different aspects: these are license cost, license acquisition time, office costs and salary of employees in the licensing country (requirements of each regulator provide for at least one staffed operating office).
During our webinar, we've been talking about licensed European Payment institution and E-money institution, as well as the Internet acquiring.
Establishing a payment institution in Lithuania (Press Release)
Given the possibility of the upcoming UK's withdrawal from the EU, Lithuania has offered an interesting proposal for licensing of payment institution.
What can be a good alternative to a banking license given significantly lower costs of setting up and maintaining the infrastructure? (Press Release)
Maxim Ivanchenko, Advapay ОÜ, Canopus: The authorisation as a payment institution or an e-money institution can be a good alternative to a banking license .