Licenses
Turn regulatory complexity into your competitive edge. Our global licensing provides the trusted foundation to enter new markets and scale without barriers.
Localpayment maintains a comprehensive portfolio of financial licenses and regulatory registrations across multiple jurisdictions. These licenses enable us to provide secure, compliant payment services in each country we operate, ensuring full adherence to local financial regulations and anti-money laundering (AML) requirements.
Why Our Licenses Matter
- Legal Compliance: Each license ensures we operate within the legal framework of the respective countries.
- Security & Trust: Regulatory oversight provides additional security for your transactions.
- Financial Protection: Licensed entities must meet strict financial and operational standards.
- AML/KYC Compliance: All licenses require robust anti-money laundering and know-your-customer procedures.
Licenses
Argentina
PAGOS LOCALES SA
- UIF Registration: 30718629582
- Registered with Unidad de Información Financiera (Financial Information Unit).
- Ensures compliance with AML/CFT regulations.
- BCRA License: PSP Agregador No. 34,640
- Licensed as Payment Service Provider (Aggregator).
- Regulated by Banco Central de la República Argentina.
Brazil
LP do Brasil Instituição de Pagamento Ltda.
- Central Bank of Brazil: Registered Payment Institution.
- Authorized to operate electronic payment services.
- Subject to Brazilian Central Bank oversight and regulations.
Canada
LOCALPAYMENT INC.
- FINTRAC Registration: M23076405.
- Registered Money Services Business (MSB).
- Regulated by Financial Transactions and Reports Analysis Centre of Canada.
- Full compliance with Canadian AML/CFT regulations.
Chile
LOCALPAYMENT S.P.A.
- UAF Registration: 77175361-2.
- Supervised entity under Financial Analysis Unit.
- Compliance with Chilean AML/CFT requirements.
Costa Rica
LP MERGE S.R.L.
- SUGEF Registration: 3-102-861743.
- Supervised entity for Significant Funds Transfer Systems.
- Regulated by General Superintendence of Financial Entities.
Ecuador
LOCALPAYMENT S.A.
- Superintendency of Banks Registration: No. SB-DTL-2025-1374.
- Formally registered as an Auxiliary of the Financial System.
- Ensures full compliance with national financial and AML/CFT regulations.
El Salvador
LOCALPAYMENT S.A. DE C.V.
- UIF Registration: 0614-28101-102-5.
- Supervised by Financial Investigation Unit.
- Compliance with Salvadoran financial regulations.
Panama
LOCALPAYMENT PAN S.A.
- SBP License: E-Money Issuer (SBP-PSO-R-2024-00010).
- Authorized to issue electronic money.
- Regulated by Superintendency of Banks of Panama.
Paraguay
LOCALPAYMENT S.A. PY
- SEPRELAD Registration: 80121508-0.
- Registered as Remittance Company.
- Supervised by Secretary of Prevention of Money Laundering.
Uruguay
LOCALPAYMENT S.A.S
- BCU License: PSP (EXP-2021-50-1-00521).
- Payment Service Provider license.
- Regulated by Central Bank of Uruguay.
License Types Explained
Enables processing of electronic payments and fund transfers between parties. PSP licenses typically require strict compliance with data security standards and consumer protection regulations.
Authorizes money transmission services, currency exchange, and payment instrument issuance. MSBs must implement comprehensive AML/CFT programs.
Permits the issuance of electronic money and digital payment instruments. E-money issuers must maintain safeguarding measures to protect customer funds."
Comprehensive license for providing various payment services including money remittance, payment processing, and account services.
Compliance Standards
All Localpayment entities maintain strict 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 compliance.
- Financial Reporting obligations to regulatory authorities.
Stay Updated
Important
Licensing requirements and regulations are subject to change. This page reflects our current licensing status and is updated regularly as we expand into new markets or obtain additional certifications.
Updated about 15 hours ago