Licenses
Localpayment's operating licenses and regulatory registrations by country, with the supervising authority for each market.
Localpayment operates as a regulated entity in every market where it provides payment services. Each license enables Localpayment to deliver pay-ins, pay-outs, and related services in compliance with local financial regulations, anti-money laundering (AML) requirements, and counter-terrorism financing (CTF) obligations.
This page lists the operating license or registration held in each country and the corresponding regulatory authority. The authoritative version of this list is maintained on the corporate site at localpayment.com/licenses.
Why our licenses matter
- Legal compliance: Each license confirms that Localpayment operates within the legal framework of the country.
- Regulatory oversight: Licensed entities are supervised by national financial authorities.
- AML and KYC: Every license requires comprehensive anti-money laundering and know-your-customer programs.
- Financial standards: Licensed entities must meet operational, capital, and reporting standards set by each regulator.
Licenses by country
| Country | License or registration | Regulatory authority |
|---|---|---|
| Argentina | PSP Aggregator | Central Bank of Argentina (BCRA) and Financial Investigation Unit (UIF) |
| Bolivia | Financial Technology Company | Financial System Supervisory Authority (ASFI) |
| Brazil | Payment Institution | Central Bank of Brazil (BCB) |
| Canada | MSB Certificate | Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) |
| Chile | Obligated Entity | Financial Analysis Unit (UAF) |
| Colombia | PSP | Under the supervision of the Chamber of Commerce of Colombia |
| Costa Rica | Supervised Legal Entity | General Superintendence of Financial Entities (SUGEF) |
| Dominican Republic | PSPC | Chamber of Commerce and Production of Santo Domingo |
| Ecuador | Auxiliary Services Company for Public and Private Financial Sectors | Bank Superintendency |
| El Salvador | Obligated Entity | Financial Investigation Unit (UIF) |
| Guatemala | Pay-in and Pay-out | Superintendency of Tax Administration (SAT) |
| Honduras | Pay-in and Pay-out | Chamber of Commerce and Industry of Tegucigalpa |
| Mexico | Money Transmitter | National Banking and Securities Commission (CNBV) |
| Nicaragua | Payment Services | General Revenue Directorate (DGI) |
| Panama | Payment Methods Issuer | Superintendency of Banks of Panama (SBP) and Financial Analysis Unit (UAF) |
| Paraguay | Obligated Entity | Secretarial for the Prevention of Money or Asset Laundering. (SEPRELAD) |
| Peru | PSP | National Superintendency of Public Registries (SUNARP) |
| Uruguay | PSPC | Central Bank of Uruguay (BCU) |
License types
Authorizes the processing of electronic payments and fund transfers between parties. Requires compliance with data security standards and consumer protection regulations.
Comprehensive license for providing payment services including money remittance, payment processing, and account services.
Authorizes money transmission, currency exchange, and payment instrument issuance. Requires anti-money laundering and counter-terrorism financing programs.
A supervised entity required to report transactions and apply AML and CFT controls under the oversight of a national financial analysis unit.
Compliance standards
All Localpayment entities maintain compliance with:
- Anti-money laundering (AML) regulations in each jurisdiction.
- Know-your-customer (KYC) requirements for customer identification.
- Counter-terrorism financing (CTF) measures.
- Data protection standards, including PCI DSS v4.0.1 for card data processing.
- Financial reporting obligations to regulatory authorities.
Stay updated
Source of truth
The information on this page mirrors the official listing at localpayment.com/licenses.
The information above is provided for transparency purposes and may be updated from time to time as Localpayment expands into new markets or obtains additional registrations.
Updated 6 days ago