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News

Voice Commerce qualifies under the 2nd Electronic Money Directive in the UK

Wednesday 16 November 2011 14:49 CET | News

UK financial services group Voice Commerce has qualified under the new 2nd Electronic Money Directive (2EMD). The new directive promotes the growth of electronic commerce and has been launched in the UK on 30 April 2011 via the Electronic Money Regulations 2011. In addition, the company has also received an investment from RBS Special Opportunities Fund, which is managed by private equity firm RBS Equity Finance.

By qualifying under the 2nd Electronic Money Directive, Voice Commerce is able to handle all card acquiring and card issuing services, including electronic payments via its Cashflows terminal, using a single account for its customers within the European Economic Area.

Voice Commerce has been authorized to provide payments services since November 2009 by the Financial Services Authority (FSA) under the Payment Services Directive (PSD).
Voice Commerce operates and delivers mobile financial, payment, identity and verification services to consumers and businesses.

In recent news , Voice Commerce launched an iPhone terminal, dubbed CashFlows Portable, which integrates with a compliant payment gateway and a single merchant account.
 


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Keywords: Voice Commerce, 2nd Electronic Money Directive, e-commerce, Financial Services Authority, Electronic Money Regulations 2011
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce

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