HomeBankingPax2pay: Secures UK EMI Licence from FCA

Pax2pay: Secures UK EMI Licence from FCA

Pax2pay: Secures UK EMI Licence from FCA

  • Pax2pay was founded in 2019 in an effort to modernize and simplify payments
  • Announces it has secured its UK Electronic Money Institution (EMI) Licence from the FCA
  • Securing this licence will enable it to accelerate its expansion plans in the UK, as well as broaden its product offering
  • Makes payments easier, faster, and safer for Online Travel Agents (OTAs) through their dynamic payments optimisation engine
  • Enabling users to leverage a mixture of single and multi-use virtual cards, alongside bank transfers to facilitate payments
  • Travel Businesses of all sizes can transform their payments from a cost centre to a revenue stream
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