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EMI/PI License Cyprus

An Electronic Money Institution (EMI) license in Cyprus is a type of authorization granted by the Central Bank of Cyprus (CBC) that allows companies to issue, store, and manage electronic money (e-money) and provide payment services. To obtain an EMI license, the company must meet certain requirements, such as having adequate capital, a sound business…

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Are you OPEN to Open Banking?

As a purchaser of payment solutions, you are likely familiar with the drawbacks of conventional online payment methods, such as card payments and manual bank transfers, issues like high costs, elevated failure rates, and subpar user experiences, to name a few. What is it?Open banking represents a banking approach wherein third-party financial service providers are…