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PayMan Group was granted an EMI license by the Bulgarian National Bank

July 7, 2022

PayMan Group has successfully obtained an Electronic Money Institution (EMI) license from the Bulgarian National Bank, marking a major milestone in the company’s development. The license enables PayMan Group to provide a full range of secure digital payment services across the European Union, starting from Bulgaria.

With this regulatory approval, the company can offer highly configurable and scalable payment solutions tailored to the needs of e-commerce businesses and technology-driven companies. PayMan’s platform allows clients to instantly issue digital accounts, collect, deposit, and disburse funds in BGN and EUR through multiple payment channels, including P2P, SEPA, BISERA.

The EMI license lays a solid foundation for PayMan Group’s long-term growth in Bulgaria and the EU. The company will continue investing in local talent, expanding its team, and developing innovative payment solutions that help businesses build and scale modern digital financial products.