RRegulatory Read More 4 minute read “How safe is my money?” Safeguarding of customer funds held by payment and e-money institutionsbyChristian Walz20. May 2021No comments Since 2020 at the latest, many customers of payment and e-money institutions (PSPs) have been concerned with one… Read More
Read More 3 minute read Commercial Agent Exemption | FinTech online course #6byDr. Susanne Grohé17. December 2020No comments After the last few articles dealt with the various payment services, this one focuses on an exception. Even… Read More
Read More 3 minute read Limited Network and Limited Range | FinTech online course #7byChristian Walz16. December 2020No comments 16In the context of payment services and e-money, many speak of Limited Networks and Limited Range. This refers… Read More
RRegulatory Read More 6 minute read BaFin Guidance Notice on planned reforms regarding managing directors pursuant to the KWG, ZAG and KAGB (part 1)byPeter Frey,Kemal Ahmedi25. August 2020No comments BaFin is currently working on updating its “guidance notice on managing directors pursuant to the KWG, ZAG and… Read More
PPayment Read More 5 minute read Legal, illegal, who cares? – Sanctions for payment services and e-money business without a licencebyChristian Walz16. June 2020No comments As part of our daily advisory work, we often have to consider whether a license is required for… Read More
TTax Read More 5 minute read Finally: vouchers and prepaid cards are still considered payments in kind pursuant to the German Payment Services Supervision Act (ZAG)byDr. Steffen Rapp12. May 2020No comments Amendments applicable to vouchers and prepaid cards Last year, I reported on the conditions under which vouchers &… Read More
PPodcast Read More 3 minute read PayTechTalk 49 – Time of crisis – time for vouchers? Prepaid products to help with the crisisbyChristian Walz9. April 2020No comments Everyone is currently talking about the “Corona crisis” and of course it also affects our day-to-day life here… Read More
PPayment Read More 7 minute read “Lex Apple Pay” – let’s pretend we don’t have a clue… what exactly are technical infrastructure services?byDr. Susanne Grohé10. December 2019No comments Everyone has been talking about “Lex Apple Pay” ever since the Finance Committee provided its recommendation to include… Read More
BBanking Read More 5 minute read Factoring – What factoring licence should I apply for?byDr. Florian Lörsch4. June 2019No comments It is clear that anyone wishing to carry out factoring in Germany first needs a factoring licence. However,… Read More
BBanking Read More 2 minute read PayTechTalk 34 – licence types for payment service providersbyChristian Walz14. March 2019No comments Recently I looked into the topic of licence types for payment service providers on PayTechLaw. In my blog… Read More
PPSD2 Read More 4 minute read May I or may I not? The types of licences for payment service providersbyChristian Walz19. February 2019No comments Perhaps you’ve experienced this before? When talking to different people about what licence is required for payment services,… Read More
PPayment Read More 1 minute read PayTechTalk 32 – Payment Account and Co. | The “old” Payment Accounts Act. What applies from 31 October 2018?byDr. Florian Lörsch29. November 2018No comments The Payment Accounts Act is an “old” law dating from April 2016 but it is going to be… Read More
PPSD2 Read More 1 minute read PayTechTalk 30: BaFin licence for payment institutions – this is how it worksbyChristian Walz11. October 2018No comments Since the implementation of PSD2, or most likely even before, many companies have been preoccupied with one question:… Read More
PPayment Read More 3 minute read Prepaid cards: closed loop, open loop, restricted open loop or semi-closed loop?byDr. Matthäus Schindele9. October 2018 1 share 0 0 1 0 0 0 No comments If you talk to insiders from the payment industry about prepaid card systems, they inevitably use terms such… Read More