eMerchantPay gets e-money licence, joins PIF

eMerchantPay 1

Payments service provider eMerchantPay has received authorisation from the UK’s Financial Conduct Authority as an e-money institution (EMI), which means it can issue products including payouts, e-wallets and prepaid cards – and it has joined the Prepaid International Forum (PIF), reports Banking Technology‘s sister publication Paybefore. “The EMI licence allows for the opportunity to develop new payments capabilities […]

Prepaid International Forum seeks clarity and exemptions as UK moves toward PSD2


As the UK moves ahead with plans to implement the revised Payment Services Directive (PSD2), the Prepaid International Forum (PIF) has asked regulators for more clarification on certain aspects of how the framework will be applied in the country.