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it costs just the (nominal) registration fee per country if you are classed as a "small payment institution" (less than 3m EUR transactions monthly)
by supermatt 4y ago
it costs just the (nominal) registration fee per country if you are classed as a "small payment institution" (less than 3m EUR transactions monthly)
- sjducb 4y agoHow do you get classed as a "small payment institution" and what does that cost?
- supermatt 4y agoBy meeting the criteria as mentioned. Application/registration fee varies by jurisdiction. e.g. Its free in Spain, it costs 500 GBP in UK. Other countries are somewhere between the two. You can get more information from your local financial authority.