PhotonPay secures UK EMI licence from Financial Conduct Authority
PhotonPay has officially secured an Electronic Money Institution (EMI) licence from the UK Financial Conduct Authority (FCA). This authorization enables the company to issue electronic money and provide various payment services within the UK regulatory framework.
With this new licence, PhotonPay aims to expand its local service capabilities in the United Kingdom, serving as a hub for international businesses connecting to European and global markets. The company intends to use its technical platform to help enterprises manage global accounts, foreign exchange, and fund transfers through a unified system.
PhotonPay has currently obtained nearly 30 payment licences and regulatory qualifications across various global markets.
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- [● 2 SOURCES] PhotonPay has obtained nearly 30 payment licenses and related regulatory qualifications globally. www.ltvnews.net · www.thehubnews.net
- [● 2 SOURCES] The license allows PhotonPay to issue electronic money and provide related payment services within the UK regulatory framework. www.ltvnews.net · www.thehubnews.net
- [● 2 SOURCES] PhotonPay has secured an Electronic Money Institution (EMI) licence from the UK Financial Conduct Authority (FCA). www.ltvnews.net · www.thehubnews.net