LV

Market

PAYABL.CY LIMITED

Registration number
12289380G
Legal address
23 OLYMPION STREET, LIBRA TOWER, 5TH FLOOR, 3035 LIMASSOL
Country of origin
Cyprus
Supervisory authority

Market segments

Market segment
Payment service providers
Phone
35725332590
E-mail
Other market segments

Licenses / Types of activities

Payment institutions
Freedom to provide services
Payment initiation service
Date: 04.11.2024
Account information service
Date: 04.11.2024
Payment service providers
Service providers from the EEA
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: 22.12.2023
execution of direct debits, including one-off direct debits
Date: 22.12.2023
execution of payment transactions through a payment card or a similar device
Date: 22.12.2023
execution of credit transfers, including standing orders
Date: 22.12.2023
Issuing of payment instruments
Date: 22.12.2023
Acquiring of payment instruments
Date: 22.12.2023

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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