Sepaga is an Electronic Money Institution (E.M.I.) licensed and regulated by Central Bank of Cyprus with license number 115.1.3.18/2018. Sepaga’s main activity is the issuance, distribution and redemption of e- Money.
Through our powerful and advanced banking Software Platform, we are able to provide our clients with tailor – made solutions and a continuous development linked with prompt assistance and support.
The business relationships we maintain with Bank Institutions within and outside Europe enable us to offer multi-currency wallet accounts, both B2B (Business to Business) and B2C (Business to Clients), depending on the needs and business model of our clients.
Via our sophisticated licensing model and operational framework, we can provide a full scope of e-money services and offer our clients full support and assistance on the integration procedure.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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