Ronghan: Gets UK EMI authorisation
- Ronghan International is an Electronic Money Institution and Payment Service Provider in the UK & EU
- Announced its authorisation as an Electronic Money Institution (EMI) by the Financial Conduct Authority in the United Kingdom
- Pacypay is a payment service provider which offers acquiring and payment solutions for Alipay
- Obtaining an EMI license enables PacyPay and OnerWay to offer a more flexible array of services for their customers
- Make payments to other users on the platform, make payments to third parties, e.g. suppliers
- Obtaining an EMI is a big milestone for us and demonstrates the recent fast progression of the company
