A Payment Institution (PI) licence is a regulatory authorisation under PSD2 (the EU's Second Payment Services Directive) that permits a company to provide payment services — including credit transfers, direct debits, and payment account management — across the European Economic Area. Fipto PI SAS holds a Payment Institution licence under interbanking code CIB 17908, issued by the ACPR (Autorité de Contrôle Prudentiel et de Résolution), the French banking and insurance supervisory authority. This licence enables Fipto to operate named EUR and USD IBANs and process fiat payments through SEPA and SWIFT rails.
