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The company’s portfolio of services has a lot in common with the portfolio of services of a national payment institution (KIP). What differs MIP from KIP is the amount: MIP cannot exceed the amount of EUR 1,500,000 per month. It should be mentioned that the small payment institution can operate as a KIP with some transformations undertaken.
The company was registered in 2023 and obtained its license in 2023， It’s a clean company with no business operations and no debts.
The company can issue cards to customers, conduct payment services, and also provide customers with an IBAN.
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