Register / Payment InstitutionsPIs / PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)

Authorised · since 13 Jul 2018

PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)

CyprusNat. ID 115.1.2.9

Authorised · since 13 Jul 2018

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Authorisation

Legal namePAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)
Home member stateCyprus
Competent authorityCentral Bank of Cyprus
LicensePI · PSD2 Article 11
Authorisation date13 Jul 2018
EnforcementNone on record
Head officeAgiou Athanasiou 4, Agios Athanasios

Authorised services

PS_03A3a. Execution of direct debits
PS_03B3b. Execution of payment transactions
PS_03C3c. Execution of credit transfers
PS_05A5. Issuing of payment instruments
PS_05B5. Acquiring of payment transactions
PS_0707. Payment initiation services
PS_0808. Account information services
Passporting. notified to 29 host states, including AT · BE · BG · CZ · DE · DK · EE · ES · FI · FR · GR · HR
Source: EBA Payment Institutions Register · Last synced 16 Aug 2026Synced 12 Aug 2026

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