FINMA grants YAPEAL license for cross border services

Friday 12 November 2021 11:27 CET | News

The Financial Marker Supervisory Authority has granted Switzerland-based challenger bank YAPEAL a license extension to offer cross border services to international customers.

The services include national payments, international transfers, a Visa debit card for unlimited payments, cash withdrawals in Swiss francs and foreign currencies among its functions. With the Private + offer from YAPEAL, the company said that all services are unlimitedly included, with no additional fees or surcharges.

The Company relies on digital experiences and ensures that a customer relationship can be opened within a few minutes from anywhere in the world, also thanks to the ability to read biometric data from passports or identity cards.

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Keywords: online payments, cross-border payments, Visa, debit card, regulation, digital payments
Categories: Payments & Commerce
Countries: Switzerland
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Payments & Commerce

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