LV

Market

Payoneer (EU) Limited

Legal address
Suite 9.2, International Commercial Centre, 2A Main Street
Country of origin
Gibraltar
Supervisory authority

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Electronic money institutions
Freedom to provide services
Payment service providers
Service providers from the EEA
Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account
Date: 31.01.2013
Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account
Date: 31.01.2013
Execution of payment transactions, including transfers of funds on a payment account with the user`s payment provider or with another payment service provider
Date: 31.01.2013
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
Execution of payment transactions where the funds are covered by a credit line for a payment service user
Date: 31.01.2013
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
including granting of credit in accordance with Article 18(4) of Directive (EU) 2015/2366
Issuing of payment instruments
Date: 31.01.2013
Acquiring of payment instruments
Date: 31.01.2013
including granting of credit in accordance with Article 18(4) of Directive (EU) 2015/2366
Issuing electronic money
Date: 31.01.2013
Distribution and/or Redemption of electronic money
Date: 31.01.2013
Money remittance
Date: 31.01.2013

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

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