Benefits of Becoming a Merchant Acquirer

Benefits of Becoming a Merchant Acquirer

As the digital payments landscape evolves, businesses that service and support merchant payments are increasingly exploring the role of becoming their own merchant acquirer. Understanding the intricacies of becoming a merchant acquirer, the benefits it offers, and the...

FCA Requirement for Wind Down Planning

Since July 2020, the Financial Conuct Authority (FCA)  have been mandating that Payment Service Providers (PSPs) have wind down plans  (WDPs) in place as a condition of authorisation. Even though it has been nearly two years since this requirement was implemented,...

Emoney licence vs Payment Licence Application with FCA

Many firms ask various forms of the same question: What is the difference between an E Money and a payment service licence? It is the question that underpins their path to gaining permission from the FCA or European regulator. If a firm applies for the wrong licence,...