The licence allows the company to develop new payments solutions for merchants, apart from its online, mobile and POS payment services it delivers to ecommerce businesses.
PIF is a UK-based trade group that advocates for the prepaid industry in Europe and worldwide. In April 2017, it asked UK regulators for more clarification on certain aspects of how the second Payment Services Directive (PSD2) framework will be applied in the country.
The Bulgaria-based payments service provider has also announced that it joined the Prepaid International Forum (PIF).
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