Small payment institution in Poland for sale

Although registered in 2022, the company has not yet been active in the payment services market. It has filed its reports with the regulators and owes no debts. Its AML officer, internal auditor and accountant work for it on an outsourced contract.

Services under the declared licence

• Payment instruments: issuing them
• Money transfer: a money transfer service
• Credit transfers: payment transactions, including moving funds to a payment account held with the user’s own provider or a different one, by credit transfer, standing orders included
• Direct debits: the same kind of transactions and transfers to an account with the user’s supplier or a different supplier, carried out by direct debit, one-off direct debits included
• Cards: the same kind of transactions and transfers, made with a payment card or a similar payment instrument
• Transactions on credit: carrying out the transactions in paragraph (2) using funds the user receives as a loan or, where the provider is a payment institution or an electronic money institution, as credit under Article 74(3) or Article 132j(3)
• Acquiring: accepting payment instruments and carrying out transactions that a merchant initiates, or that run through a merchant, with the payer’s payment instrument. This covers in particular processing authorisations and passing payment orders from the payer or the merchant to the issuer of the instrument or to payment systems so that funds reach the merchant. Clearing and settling such transactions inside a payment system, as defined in the Law on Settlement Completion, is excluded.
• Cash: accepting cash paid into, and paying out cash withdrawn from, the payment account, along with everything needed to keep the account working