Swish Payments receives Financial Institution license

Friday 13 December 2013 10:53 CET | News

UK-based mobile payments services provider Swish Payments has received a Financial Institution license by the Malta Financial Services Authority (MFSA). This allows Swish to operate as a licensed financial institution under the European Commission Payment Services Directive.

Swish provides a white label solution to financial service providers and payment service providers looking for a mobile commerce platform. The Swish offering consists of a range of mobile card readers, mobile applications, embedded payment modules, a payment gateway with fraud screening and web portals.

In December 2012, Swish Payments has launched a mobile point of sale (mPOS) service in Hong Kong, enabling businesses to accept credit card payments while on the go.

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Keywords: Swish Payments, financial institution, Malta Financial Services Authority, MFSA, European Commission Payment Services Directive, mobile commerce
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce