Transact Payments Limited
Legal address
Unit 5.1, Level 05 Madison, Midtown Queensway Gibraltar, GX11 1AA
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: 25.02.2013
execution of direct debits, including one-off direct debits
Execution of payment transactions where the funds are covered by a credit line for a payment service user
Date: 25.02.2013
execution of direct debits, including one-off direct debits
Issuing of payment instruments
Date: 25.02.2013
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).