- PROJECT HELP
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.
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.
Given the possibility of the upcoming UK's withdrawal from the EU, Lithuania has offered an interesting proposal for licensing of payment institution.
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 .
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