{"id":12060,"date":"2016-11-16T15:48:34","date_gmt":"2016-11-16T15:48:34","guid":{"rendered":"https:\/\/www.pfser.com\/platezhnye-sistemy-na-kipre\/?lang=en"},"modified":"2022-08-10T08:12:44","modified_gmt":"2022-08-10T06:12:44","slug":"payment-institution-license-in-cyprus","status":"publish","type":"page","link":"https:\/\/www.pfser.com\/en\/payment-institution-license-in-cyprus\/","title":{"rendered":"Payment Institution License in Cyprus"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1636986346619{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #fafafa !important;}&#8221; el_class=&#8221;pfser-row&#8211;white&#8221;][vc_column text_color=&#8221;#fafafa&#8221;]\n        <div class='pfser-icon pfser-icon-people pfser-icon--align-center'><img src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/people.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1639606116927{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 class=\"text-gold style=\" style=\"text-align: center;\">Payment Institution License in Cyprus &#8211; Types of Licenses<\/h2>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1636987637236{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h3 class=\"color--white\" style=\"text-align: center;\"><strong class=\"text-gold font-light\">Services delivered by PI (Payment Institution)<\/strong><\/h3>\n<p>[\/vc_column_text][vc_row_inner equal_height=&#8221;yes&#8221; el_class=&#8221;max-w-900 grid-gap-40 pfser-bordered-lists&#8211;gold&#8221; css=&#8221;.vc_custom_1636987767892{padding-bottom: 60px !important;}&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;h-100p-c&#8221; width=&#8221;1\/2&#8243;]<div class=\"pfser-list pfser-list--leo-head pfser-list--left-bordered h-100p\"><style>#pfser-list__container--6a14bf6810ffd .pfser-list__item:not(:last-of-type) { margin-bottom:30px }<\/style><div id='pfser-list__container--6a14bf6810ffd' class='pfser-list__container'><p>[vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Operate direct debits. It also applies to one-off direct debits;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Enables you to deposit cash in a payment account, as well as all other types of operations associated with such an account;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Cash withdrawals from payment accounts and all the other associated operations;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Allows you to transfer funds in a payment account for the user payment service provider and also with another payment service provider;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Transactions that consist of payments via payment cards and other equivalent financial tools;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Credit transfers, which includes standing orders;<\/p>\n<p>[\/vc_column_text]<\/p>\n<\/div><\/div>[\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;h-100p-c&#8221; width=&#8221;1\/2&#8243;]<div class=\"pfser-list pfser-list--leo-head pfser-list--left-bordered h-100p\"><style>#pfser-list__container--6a14bf681108b .pfser-list__item:not(:last-of-type) { margin-bottom:30px }<\/style><div id='pfser-list__container--6a14bf681108b' class='pfser-list__container'><p>[vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Transactions of funds that are under the provisions of credit lines for the user payment service;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Operations including direct debits and one-off direct debits;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">All the operations associated with the transfer of credits and standing orders;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">It issues and acquires all types of payment instruments;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">All electronic money transfers;<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">All services are connected to account information.<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">Allows payment initiation.<\/p>\n<p>[\/vc_column_text]<\/p>\n<\/div><\/div>[\/vc_column_inner][\/vc_row_inner][vc_column_text css=&#8221;.vc_custom_1636987655742{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h3 class=\"color--white\" style=\"text-align: center;\"><strong class=\"text-gold font-light\">Services delivered by EMI (Electronic Money Institution)<\/strong><\/h3>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: center;\">If you want to operate as electronic money issuing business you must apply to the Central Bank of Cyprus to acquire an EMI license. This type of certification will allow you to issue electronic money and to deliver your clients all the services of licensed PI.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner][vc_separator color=&#8221;#ba8350&#8243; width_in_percentages=&#8221;yes&#8221; css=&#8221;.vc_custom_1636988352903{margin-top: 90px !important;margin-bottom: 80px !important;}&#8221;]\n        <div class='pfser-icon pfser-icon-signature pfser-icon--align-center'><img src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/signature.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:30px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1639606148806{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 class=\"text-gold style=\" style=\"text-align: center;\">Specificity of Payment Institution License in Cyprus<\/h2>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: justify;\">As we already mentioned above, applying for a PI or EMI license includes compliance with several conditions. The company shall be incorporated in Cyprus, the company&#8217;s headquarters shall be in Cyprus and the company shall have two executive directors, both with residence in Cyprus. These executives shall have appropriate business studies, doubled by expertise. This is a requirement imposed by the Cyprus Central Bank, known as the four-eyes principle.<\/p>\n<p class=\"color--black\" style=\"text-align: justify;\">For licenses valid for payment service No. 6, the initial capital requirement amounts to 20.000 Euros. For payment service No. 7, the license requires a capital starting with 50.000 Euros. If you want to acquire the certification for payment services 1 &#8211; 5, the initial capital requirement is 125.000 Euros. The company applying for electronic money services needs initial capital of 35.000 Euros.<\/p>\n<p class=\"color--black\" style=\"text-align: justify;\">Currently, there are no fees when you apply for such a <a href=\"https:\/\/www.pfser.com\/en\/licensing\/\">license<\/a>. Nevertheless, The Cyprus Central Bank can still impose this fee retrospectively. You need to wait for three months before getting an answer from the Central Bank of Cyprus regarding the approval of your license.<\/p>\n<p class=\"color--black\" style=\"text-align: justify;\">After receiving the license from the Cyprus Central Bank, you can do passporting. It means that you can offer e-money services at an international level for all EU members. All it takes is a simple notification with the Central Bank.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner][vc_separator color=&#8221;#ba8350&#8243; width_in_percentages=&#8221;yes&#8221; css=&#8221;.vc_custom_1636988239923{margin-top: 90px !important;margin-bottom: 80px !important;}&#8221;][vc_row_inner el_class=&#8221;pfser-row&#8211;not-mobile-flex-center&#8221;][vc_column_inner width=&#8221;1\/2&#8243;]\n        <div class='pfser-icon pfser-icon-briefcase pfser-icon--align-center'><img src=\"https:\/\/www.pfser.com\/wp-content\/themes\/levelup\/assets\/icons\/briefcase.svg\" style=\"max-width:-1px;width:-1px;max-height:100px; height:100px;margin-bottom:35px\" alt=\"\"><\/div>\n    [vc_column_text css=&#8221;.vc_custom_1636988395521{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2 class=\"text-gold style=\" style=\"text-align: center;\">Documentation package<\/h2>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;]<div class=\"pfser-list\"><style>#pfser-list__container--6a14bf68110f2 .pfser-list__item:not(:last-of-type) { margin-bottom:30px }<\/style><div id='pfser-list__container--6a14bf68110f2' class='pfser-list__container'><p>[vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">The first step in our collaboration is to receive an initial call from our expert team, which will determine with precision all your specific goals, and requirements.<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">After this initial consultation, we will inform you regarding the fees implied by our legal service for your specific needs.<\/p>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<p class=\"color--black\" style=\"text-align: left;\">After you decide to work with us and accept the respective fee, we will start the actual collaboration. Our assigned expert team starts drafting a detailed plan for action and legal services required.<\/p>\n<p>[\/vc_column_text]<\/p>\n<\/div><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; el_class=&#8221;pt-30&#8243; css=&#8221;.vc_custom_1636990081448{padding-bottom: 30px !important;background-color: #1b1d1f !important;}&#8221;][vc_column][vc_column_text el_class=&#8221;mb-30&#8243;]<\/p>\n<h2 class=\"typo-heading-h2 text-center\">Our services<\/h2>\n<p>[\/vc_column_text][vc_column_text el_class=&#8221;max-w-1100&#8243; css=&#8221;.vc_custom_1636989403356{padding-bottom: 30px !important;}&#8221;]<\/p>\n<h3 class=\"color--white typo-heading-h3\" style=\"text-align: center;\">We will provide corporate and accounting services<\/h3>\n<p>[\/vc_column_text]<div class=\"pfser-list max-w-670 pfser-list--leo-head pt-20 pfser-list--white-text\"><style>#pfser-list__container--6a14bf6811115 .pfser-list__item:not(:last-of-type) { margin-bottom:30px }<\/style><div id='pfser-list__container--6a14bf6811115' class='pfser-list__container'><p>[vc_column_text]Search and apply for the company name;[\/vc_column_text][vc_column_text]Assistance with the preliminary submission &ndash; Memorandum and Articles of Association;[\/vc_column_text][vc_column_text]Incorporation for your company that complies with the Central Bank&rsquo;s requirements;[\/vc_column_text][vc_column_text]Fulfillment of all requirements for the nominee executive directors;[\/vc_column_text][vc_column_text]Nominee shareholders;[\/vc_column_text][vc_column_text]Covering all documents and procedures for the registered office and the headquarters, as per licensing requirements;[\/vc_column_text][vc_column_text]Creation of all the official documentation and Fiduciary Services;[\/vc_column_text][vc_column_text]Assistance for all administrative and governance activities of your company;[\/vc_column_text][vc_column_text]We acquire all the certificates required for a license application.[\/vc_column_text]<\/p>\n<\/div><\/div>[vc_separator color=&#8221;#ba8350&#8243; width_in_percentages=&#8221;yes&#8221; css=&#8221;.vc_custom_1636985161706{margin-top: 75px !important;margin-bottom: 80px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1636989604705{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h3 class=\"color--white\" style=\"text-align: center;\">We will Assist You with the Application for a PI\/ EMI License<\/h3>\n<p>[\/vc_column_text][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Find the most appropriate corporate type for your intended electronic financial services;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">We deliver you a summary of everything essential for your application with the Central Bank of Cyprus;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Draft the schedule for each stage of the PI\/EMI license process;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">We create the organizational structure chart, the business plan, and the operations continuity arrangements;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Design all governance arrangements, internal control procedures;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Draft and revise the security policy, and all the procedures for funds safeguarding, payment, and personal data, for users;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Draft contracts between your company and users;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">We design the AML\/CTF internal control procedures;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">Covering all aspects implied by Indemnity Insurance and Comparable Guarantee, with credits institutions;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">You will receive advice concerning the most appropriate outsourcing services. We also revise your outsourcing contracts;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">We draft and submit your license application to the Cyprus Central Bank, including all the other documents and questionnaires required by them;<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;crypto-support__item&#8211;slim&#8221;][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; el_class=&#8221;custom_flex_container&#8221; width=&#8221;2\/3&#8243; offset=&#8221;vc_col-xs-10&#8243;][vc_raw_html]JTNDZGl2JTIwY2xhc3MlM0QlMjJsZW9faGVhZC1icm93biUyMiUzRSUzQyUyRmRpdiUzRQ==[\/vc_raw_html][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: left;\">We undertake all the communication with the Cyprus Central Bank, involved in the entire application process.<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner text_color=&#8221;&#8221; text_hover_color=&#8221;&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_col-xs-1&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1603734062120{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #ba8350 !important;}&#8221; el_class=&#8221;pfser-row&#8211;colored&#8221;][vc_column][vc_column_text]<\/p>\n<p class=\"color--white\" style=\"text-align: center;\">The lawyers at PFSER are ready at any time to assist you through the entire process of obtaining your e-money license. Our team is always up to date with the latest Fintech data and with the entire legal frame in this area. Our lawyers have great expertise in international networks. We have all the specialized e-payments know-how. Therefore we will assist you from the very first stages up to the finalization of your certification process. <a href=\"https:\/\/www.pfser.com\/en\/\">PFSER<\/a> will clarify for you all the terms imposed on you by the Cyprus Central Bank.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1601767431615{padding-top: 50px !important;padding-bottom: 60px !important;background-color: #1b1d1f !important;}&#8221; el_class=&#8221;pfser-row&#8211;colored&#8221;][vc_column][vc_custom_heading text=&#8221;Get a personal offer!&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:300%20light%20regular%3A300%3Anormal&#8221; font_container=&#8221;tag:h2|text_align:center&#8221; el_class=&#8221;form-dark__title&#8221;][vc_row_inner el_class=&#8221;form-dark&#8221;][vc_column_inner]<div class=\"pfser-form-shortcode pfser-form-shortcode--fill\"data-fill-value=\"Electronic money institution in Cyprus\" data-fill-field=\"Country\"><div role=\"form\" class=\"wpcf7\" id=\"wpcf7-f17358-o1\" lang=\"en-US\" dir=\"ltr\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/en\/wp-json\/wp\/v2\/pages\/12060#wpcf7-f17358-o1\" method=\"post\" class=\"wpcf7-form init\" novalidate=\"novalidate\" data-status=\"init\">\n<div style=\"display: none;\">\n<input type=\"hidden\" name=\"_wpcf7\" value=\"17358\" \/>\n<input type=\"hidden\" name=\"_wpcf7_version\" value=\"5.4.2\" \/>\n<input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/>\n<input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f17358-o1\" \/>\n<input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/>\n<input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/div>\n<p><input type=\"hidden\" name=\"additional-data\" \/><\/p>\n<div class='superform superform--dark'>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-name\"><input type=\"text\" name=\"client-name\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Name\" \/><\/span><\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-phone\"><input type=\"tel\" name=\"client-phone\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-tel wpcf7-validates-as-required wpcf7-validates-as-tel\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone\" \/><\/span> <\/p>\n<\/div>\n<div>\n<p><span class=\"wpcf7-form-control-wrap client-email\"><input type=\"email\" name=\"client-email\" value=\"\" size=\"40\" class=\"wpcf7-form-control wpcf7-text wpcf7-email wpcf7-validates-as-required wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"E-mail\" \/><\/span> <\/p>\n<\/div>\n<div>\n<div class='sendis'>\n<p class=\"sendis-ov sendis-ov--en\"><input type=\"submit\" value=\"Send request\" class=\"wpcf7-form-control wpcf7-submit\" \/><span class=\"shiney\"><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div><\/form><\/div><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row&#8221; 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