08/27/2026 | Press release | Distributed by Public on 08/28/2026 06:36
PRESS RELEASE
27 August 2026
Today, the Governing Council of the Bulgarian National Bank (BNB) has decided to supplement the payment institution licence of 'Datecs Payment Technology' EAD so as to include the payment services referred to in Article 4, items 2 and 3, (b) and (c), and item 5, first proposition, of the Law on Payment Services and Payment Systems (LPSPS), i.e. services related to cash withdrawals from a payment account and the related payment account servicing operations; execution of payment transactions by payment cards or other similar instruments; execution of credit transfers, including standing orders; and the issuance of payment instruments, after having established that the applicant has provided all the required information and documents and complies with the conditions for supplementing the licence under Article 10 and Article 13, paragraph 2 of LPSPS and the requirements of BNB Ordinance No 16 of 29 March 2018 on Granting Licenses and Approvals, Entry into the Register under Article 19 of the LPSPS, and Requirements to the Activity of Operators of Payment Systems with Settlement Finality.
According to the supplemented licence, 'Datecs Payment Technology' EAD may provide payment services under Article 4, items 2 and 3, (b) and (c), and item 5 of LPSPS.