We help with licensing of payment systems
Payment systems provide new opportunities for your business. It is a tool that allows you to provide services online, attracting customers from all over the world.
The approach to the choice of jurisdiction varies for many. Some prefer to be licensed in the EU, despite the strict requirements and high costs. Others prefer offshore jurisdictions, which offer business incentives and additional opportunities.
At ITLS, not only can you get a licence for your company, but you can also buy a ready-made payment system at an attractive price!
You already have a payment system but no bank account? No problem! IT Legal Services can help you open an account with banks and other payment systems!
The most popular jurisdictions for opening payment systems are:
- Australia
- Hong Kong
- Great Britain
- Canada
- Lithuania
- Singapore
- USA
- Czech Republic
For most countries, the licensee must meet the following requirements:
THE COMPANY'S REPUTATION
Impeccable reputation of the management team and founders
REPUTATION OF MANAGERS
Impeccable reputation of the management team and founders
RESTRICTIONS ON MONETARY TURNOVER
Limitation of monthly turnover, according to the requirements of the regulator
OFFICE
Availability of an office in the country where the application is submitted
LEGALITY
The company's activities must not violate the legislation of the country in which the licensing is carried out
RESIDENCY
One of the company's managers must be a resident
WE WILL HELP YOU TO GET A PAYMENT SYSTEM LICENSE WITH MINIMAL TIME
ITLS has extensive practical experience in obtaining licenses. We will help you to choose the type of license, determine the jurisdiction, collect documents, prepare a standard application that meets the requirements of the regulator, hold negotiations with government agencies.