"Powecash21"
Legal address
11-13 Piliou Quality Tower A, Larnaca 6037
Country of origin
Cyprus
Supervisory authority
Market segments
Market segment
Payment service providers
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: 03.02.2014
execution of direct debits, including one-off direct debits
Date: 03.02.2014
Acquiring of payment instruments
Date: 03.02.2014
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).