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- Avg 2.3/5 from 3 reviews
Licence number
125314
Authorised since
13 Jul 2018
EEA passports
2
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- RegionalTier C
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
Passports into 2 EEA jurisdictions.
Authorised for 10 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. PayCenter GmbH holds a current licence issued by the Bundesanstalt fur Finanzdienstleistungsaufsicht under reference 125314, granted 13 July 2018. The entity is authorised to conduct account information services, cash deposit and withdrawal services on payment accounts, execution of payment transactions on payment accounts and under credit lines, issuance of electronic money, issuing and acquiring of payment instruments, money remittance, payment initiation services, and safeguarding of customer funds.
The licence permits cross-border operation into two EEA host states. Austria and Italy are recorded as the destinations for passported services under this authorisation.
As recorded in the register, PayCenter GmbH operates with active status. The entity's authorisation continues under BaFin reference 125314 as at the last cross-check against the German financial services register.
EEA passporting
2 jurisdictionsUnder the EU passporting regime, PayCenter GmbH can provide services across the following EEA jurisdictions, in addition to its home authorisation in Germany.
Italy3
Austria1
Authorised activities (PSD2 / EMD2)
Payment-services activities PayCenter GmbH is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Account information services (AIS)PSD2_8
- Payment initiation services (PIS)PSD2_7
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Cash withdrawal services on a payment accountPSD2_2
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Money remittancePSD2_6
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
Registered office
- Street
- Clemensänger-Ring 24 | 85356 Freising
- City
- Freising, 85356
Reader notes
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