Fully functional multicurrency account, no restrictions for transfers, funds can be saved in the account. Ultimate solution for cross-border business
PanPay has obtained an EMI license. PanPay's core system is certified by the central bank and directly connected to the central bank's clearing system. Its system security standards meet the requirements of banking institutions.
100% of the customer funds in PanPay, are safeguarded in Central banks or most reputable biggest banks safeguarding accounts. This ensure customer funds are always protected, even in insolvency of the company, customer funds will be separated and safely returned to the customers.
PanPay's core is directly connected to the central bank's clearing system and complies with the EU General Data Protection Regulation (GDPR) and the EU Payment Act (PSD2) requirements. Company continuously investing in advanced security and screening solutions in their IT systems to protect customers.