Payment License news and trends

China Opens Payment Market To Foreign Players
International // March 22, 2018

China is further opening up its markets to foreign investments, allowing international companies to access its payments market, which Bloomberg estimates is around $27 trillion in size. Citing a statement from the People’s Bank of China, Bloomberg reported foreign companies can begin applying for payment licenses that...

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Google Gets EU eMoney License

December 26, 2018
Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra, citing Google, reported that with the license Google can issue and redeem electronic money and provide payment services. “The end of this year reflects our efforts and experience of the past few […]

China Opens Payment Market To Foreign Players

March 22, 2018
China is further opening up its markets to foreign investments, allowing international companies to access its payments market, which Bloomberg estimates is around $27 trillion in size. Citing a statement...