PhotonPay Officially Obtains UK FCA Electronic Money Institution (EMI) License

According to official news, the next-generation payment operating system PhotonPay has announced that it has officially obtained the Electronic Money Institution (EMI) license issued by the UK Financial Conduct Authority (FCA). This license allows PhotonPay to issue electronic money under the UK regulatory framework and provide related payment services within the authorized scope, further enhancing its local financial infrastructure layout in the UK and European markets. JP, PhotonPay's Global Compliance Officer, stated: 'Obtaining the UK EMI license is an important milestone in PhotonPay's ongoing efforts to expand its global compliance footprint.'