LV

Market

"Intercard Finance" AD

Legal address
76 A, James Boucher Blvd., Hill Tower, 1407 Sofia
Country of origin
Bulgaria
Supervisory authority

Payment services provided:

– Execution of payment transactions where the funds are covered by a credit line for a payment service user:

– execution of payment transactions through a payment card or a similar device. credit cards only

– Issuing and/or acquiring of payment instruments.

– credit cards only

*Including granting credits in accordance with the rules provided for in Article 16(3) of the Directive – Yes

Notification received: 29.07.2011

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Electronic money institutions
Issuing of electronic money
Distributing and/or redeeming of electronic money
Payment service providers

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

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