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e-money

Virtual IBANs

May 22, 2023 by adam_@dmin
virtual IBAN

The purpose of the IBAN is to provide a unique identifier for each bank account across the multitude of financial institutions, making it easier to process international payments accurately and efficiently.

Categories Banking, Payments Tags banking, crypto, cryptocurrency, e-money, electronic money issuer, IBAN, Money Service Business, money transfer, payments

Money Transmitter Licensing Options: Direct Licensing

May 19, 2023 by adam_@dmin
Money Transmitter Licensing

State money transmitter licenses are generally required for businesses that engage in activities related to the transfer of money or monetary value.

Categories Payments Tags crypto, cryptocurrency, e-money, electronic money issuer, Money Service Business, payment service provider, payment systems, payments, payments license

Understanding E-Money Systems in Africa

May 10, 2023 by adam_@dmin
E-money, also known as electronic money, digital money, or virtual currency, refers to a form of currency that is stored electronically and can be used for online transactions or as a substitute for physical cash.

E-money, also known as electronic money, digital money, or virtual currency, refers to a form of currency that is stored electronically and can be used for online transactions or as a substitute for physical cash.

Categories Africa, Payments Tags africa, banking, crypto, cryptocurrency, digital curerncy, e-money, payment systems, payments, virtual currency

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Blockrunner, LLC., is a financial services match-making marketplace and consulting company. We are not a bank, FI/NBFI, Payment Service Provider, deposit taking institution, trust, or money services business of any kind. We are not regulated by any financial regulator. Banking, Payment, Processing, and Licensing services are provided by our participating members. This website is for informational purposes only and does not constitute legal advice. If you need legal advice, please consult a licensed attorney in your jurisdiction.