Electronic vouchers: Which license requirements do exist for the issuance and distribution?
Vouchers are a useful thing. You can get them in the supermarket around the corner, even there is…
Requirements for maintaining a BaFin Licence | PayTechLaw advent calendar #18
In our yesterday’s blog post, we dealt with the question how to obtain a BaFin licence for payment…
PayTechTalk 58 – Deposit business | PayTechLaw advent calendar #12
Payment institutions and e-money institutions collect funds from their customers and hold these funds – sometimes for longer…
Limited Network and Limited Range | PayTechLaw advent calendar #7
In the context of payment services and e-money, many speak of Limited Networks and Limited Range. This refers…
Vouchers and Gift Cards | PayTechLaw advent calendar #5
The terms “gift card” or “voucher” (hereinafter jointly “voucher”) are not defined in the law. However, it is…
Execution of Payment Transactions and Money Remittance | PayTechLaw advent calendar #1
The execution of payment transactions and money remittance are payment services. If you want to provide payment services,…
From ‘A for acquirer’ to ‘Z for ZAG licence’: our PayTechLaw glossary gives guidance
Update | 3.11.2020 265 glossary terms. These are 136 German and 129 English explanations of industry-specific technical terms,…
PayTechTalk 57 – Licence rental, License as a Service, Banking as a Service, BIN Rental, BIN Sponsoring, Sponsor bank relationship
In his last blog article, Christian dealt with licence rental and gave an example to show what to…
Need a licence? Licence rental simply explained
Who amongst us is not familiar with this situation? You have a great business idea for a revolutionary…
Legal, illegal, who cares? – Sanctions for payment services and e-money business without a licence
As part of our daily advisory work, we often have to consider whether a license is required for…