Banking and finance

Cross-border provision of payment initiation services

Opublikowano 19th Lipiec 2023

Businesses providing payment initiation services (PIS), or planning to start rendering their services in a different EU member state without a branch or any other establishment, only under the appropriate license obtained in a ‘host’ EU member state, might have to address operational and legal issues before making a decision regarding cross-border provision of PIS.

Where is an online PIS service provided in a cross-border configuration and how can one determine whether the service is being provided on the territory of Poland?

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For more on this issue, see Małgorzata Golębiowska's article on the British Polish Chamber of Commerce website >>> https://bpcc.org.pl/cross-border-provision-of-payment-initiation-services/.

* This article is current as of the date of its publication and does not necessarily reflect the present state of the law or relevant regulation.

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