Dublin, Ireland – In a significant development, Freemarket, a leading global payments company, announced that it has successfully obtained a Payment Institution licence from the Central Bank of Ireland. This licence further solidifies Freemarket’s commitment to expanding its presence in Europe and enhancing its ability to provide secure and efficient payment solutions to individuals and businesses.
The Payment Institution licence granted by the Central Bank of Ireland allows Freemarket to offer services such as international money transfers, currency exchange, and payment processing to its clients. With this licence, Freemarket gains regulatory oversight from one of the most respected financial authorities in Europe, ensuring a secure and compliant environment for its customers.
Freemarket’s CEO, John Smith, expressed his delight with this achievement, stating, “Obtaining the Payment Institution licence from the Central Bank of Ireland is a major milestone for Freemarket. This licence not only validates our strong commitment to compliance and regulatory requirements but also enables us to better serve our growing customer base in Ireland and across Europe. We are excited about the opportunities it brings and the enhanced trust it instills in our clients.”
This licence is also instrumental in Freemarket’s plans to expand its operations within the European Union. With the capability to operate as a Payment Institution in Ireland, Freemarket can seamlessly extend its services to other EU member states, benefitting individuals and businesses throughout the region.
The Central Bank of Ireland, recognized for its rigorous licensing process, ensures that only highly competent and trustworthy financial institutions receive accreditation. Freemarket’s success in obtaining this licence reflects its adherence to the highest standards of security and compliance in the financial services industry.
Freemarket’s Payment Institution licence signifies a major step forward in its mission to revolutionize the global payments landscape. By leveraging innovative technology and a client-centric approach, Freemarket aims to simplify cross-border transactions and empower businesses in conducting seamless international trade.
About Freemarket: Freemarket is a market-leading global payments company that specializes in providing secure and efficient payment solutions to individuals and businesses worldwide. With a customer-centric focus and cutting-edge technology, Freemarket endeavors to revolutionize the global payments industry and make international transactions frictionless and cost-effective.
Contact:
John Doe - Head of Marketing
Email: john.doe@freemarket.com
Phone: +1-123-456-7890