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PayLane becomes a Payment Institution

Monday 3 June 2013 09:31 CET | News

PayLane, a European online payments provider, has officially become a Payment Institution, as unveiled by the Polish Financial Supervision Authority.

As a Payment Institution, PayLane can work across the whole SEPA region. The company provides its services across Europe, but the status of a Payment Institution allows the company to widen the offer.

Payment Institutions can receive deposits and make cash payments from a payment account, execute payment transactions, direct debits and credit transfers and issue such payment instruments as credit cards.

PayLane is an online payments provider which enables e-businesses to accept payments in over 160 currencies from around the world. In recent news, PayLane has been registered on Visa Europe Merchant Agents List.
 


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Keywords: Paylane, online payments, Poland
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






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