LV

Market

PayPro BV

Registration number
F0036
Legal address
Emmaplein 1, 9711AP Groningen
Country of origin
Netherlands
Supervisory authority

Market segments

Market segment
Payment service providers
Phone
31651073845
E-mail
Other market segments

Licenses / Types of activities

Payment institutions
Freedom to provide services
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: 01.07.2019
execution of direct debits, including one-off direct debits
Date: 01.07.2019
execution of payment transactions through a payment card or a similar device
Date: 01.07.2019
execution of credit transfers, including standing orders
Date: 01.07.2019
Issuing of payment instruments
Date: 01.07.2019
Acquiring of payment instruments
Date: 01.07.2019

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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