German Payment Services Supervision Act

The German Payment Services Supervision Act (ZAG) is the law on the supervision of payment services. [more] Dowload / Print

The German Payment Services Supervision Act (ZAG) is the law on the supervision of payment services. The ZAG coordinates the supervision of payment services and e-money businesses at the hand of the BaFin. Other functions of the BaFin include the regulation of licence applications for payment services and e-money businesses and creating legal requirements for the performing of payment services and e-money businesses.