Payment Institution BillPro has recently extended their licence to include all countries in the European Union (EU) and the European Economic Area (EEA). This enables them to deliver payment services including merchant acquiring of card payments as well as local debit and bank transfer methods, IBAN issuing and much more to businesses throughout the region.
BillPro is an authorised Payment Institution that holds all licencing through its subsidiary company Oonex. They have been successful in extending the geography of their existing licence and are now passported to all countries in Europe and the EEA.
As a licensed Payment Institution in all areas of Europe, BillPro can deliver all payment services, including merchant acquiring, IBAN issuing, trust and escrow accounting and more, to businesses in any country of the region.
The expanded geographical reach of payment options offered by BillPro opens and magnifies the possibilities for European businesses to access new cross-border markets. It also presents new partnership opportunities for PSPs and Payment Facilitators looking to expand their footprint throughout Europe.
BillPro adds this to their existing suite of licences and payment methods, including Carte Bancaire, AMEX, JCB, SEPA Direct Debit, China Union Pay, WeChat, AliPay and over 20 Alternative Payment methods in Europe.
An established brand in the US, this marks the beginning of BillPro’s European expansion.
BillPro CEO, Daria Rippingale highlights: “This is an exciting time for BillPro, and marks the first phase of our European expansion. The extended reach of our global acquiring services only fortifies the European payments industry and adds significant value to merchants in this region”.
About BillPro: BillPro is a credit card acquirer and licensed Payment Institution (though our licensed payment institution subsidiary Oonex) offering secure payment solutions to businesses of all sizes globally. BillPro offers Visa, MasterCard and Carte Bancaire direct acquiring; Amex, JCB and Discover processing; Bank Transfers and SEPA payments, along with a wide variety of alternative payment methods. BillPro is a Visa and MasterCard Principal Member and also a Member of Swift, issuing not only Debit & Prepaid Cards but multi-currency IBANs and Payment Accounts to people and businesses around the world.
