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PayCenter GmbH

Germany
2.3(3 ratings)ActiveEMI
View on register

Regulator

Bundesanstalt fur Finanzdienstleistungsaufsicht

Licence number

125314

Authorised since

13 Jul 2018

EEA passports

2

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
RegionalTier C

Passports into 2 EEA jurisdictions.

Scope
Full-serviceTier A

Authorised for 10 payment-services activities.

Tenure
MatureTier B

Authorised 8 years ago.

About this institution

Verified active. PayCenter GmbH holds a current German e-money licence granted by the Bundesanstalt fur Finanzdienstleistungsaufsicht. The licence authorises issuance of electronic money. It also authorises execution of payment transactions where funds are covered by a credit line. Additionally, it covers execution of payment transactions on a payment account. It also covers safeguarding of customer funds, money remittance, and account information services. The licence includes cash withdrawal services on a payment account. Cash deposit services on a payment account and payment initiation services are also authorised. Issuing payment instruments and acquiring payment transactions are further covered.

The licence is passported into two EEA host states: Austria and Italy.

Licence granted 13 July 2018 and reference number 125314. Licensed by the Bundesanstalt fur Finanzdienstleistungsaufsicht, reference 125314, status verified active as of the last cross-check.

Licence timeline

3 dated events

Dated events for PayCenter GmbH, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Bundesanstalt fur Finanzdienstleistungsaufsicht register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Bundesanstalt fur Finanzdienstleistungsaufsicht

Position in the Germany register

Germany EMIs

13

Active

13

Full / small licences

13 / 0

Licence age rank

4/13

PayCenter GmbH is one of 13 e-money institutions on the Germany register, 13 of which are currently active. Its licence is the 4th oldest of the 13 dated Germany EMI authorisations, one of 6 granted in 2018.

Is your money safe with PayCenter GmbH?

PayCenter GmbH holds an e-money authorisation from Bundesanstalt fur Finanzdienstleistungsaufsicht, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.

If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.

How e-money safeguarding works → Verify on the register →

EEA passporting

2 jurisdictions

Under the EU passporting regime, PayCenter GmbH can provide services across the following EEA jurisdictions, in addition to its home authorisation in Germany.

  • ItalyItaly3
  • AustriaAustria1

Authorised activities (PSD2 / EMD2)

Payment-services activities PayCenter GmbH is permitted to carry out under its licence, as recorded in the register.

  • Payment initiation services (PIS)PSD2_7
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Safeguarding of customer fundsSAFEGUARDING
  • Account information services (AIS)PSD2_8
  • Cash withdrawal services on a payment accountPSD2_2
  • Execution of payment transactions on a payment accountPSD2_3
  • Money remittancePSD2_6
  • Issuance of electronic moneyEMI_ISSUANCE
  • Cash deposit services on a payment accountPSD2_1
  • Execution of payment transactions where funds are covered by credit linePSD2_4

Frequently asked questions

Is PayCenter GmbH a licensed e-money institution?
Yes. PayCenter GmbH holds EMI authorisation from Bundesanstalt fur Finanzdienstleistungsaufsicht in Germany, licence reference 125314. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates PayCenter GmbH?
PayCenter GmbH is authorised and supervised by Bundesanstalt fur Finanzdienstleistungsaufsicht in Germany. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is PayCenter GmbH's licence or FRN number?
PayCenter GmbH's licence reference number is 125314. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
Is PayCenter GmbH authorised in other EEA countries?
Yes. PayCenter GmbH is passported to 2 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Germany

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Registered office

Street
Clemensänger-Ring 24 | 85356 Freising
City
Freising, 85356

Ratings & reader notes

3 ratings · 0 written notes

2.3(3 ratings)
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  • 4★0
  • 3★2
  • 2★0
  • 1★1

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