BlueSnap Licensed as Payment Institution in EU by UK FCA
May 7, 2015
BlueSnap, a Waltham, Mass.-based online gateway provider, yesterday revealed it is now licensed as payment institution in the U.K. by the Financial Conduct Authority under the E.U.’s Payment Services Directive. The license signals to European merchants that BlueSnap is a trusted payment institution and will adhere to PSD rules.
“Not only does it confirm our high operational standards but it also solidifies our global position as a leading gateway for the international community,” said Ralph Dangelmaier, CEO of BlueSnap. “Our merchants will have the additional protection and confidence of an official EU license that you won’t receive with many U.S.-based solutions providers.”