Easypay, a Bulgaria-based payment services provider, has received a payment institution license from the Bulgarian National Bank Governing Council, to offer payment services in the country.

Through the license, Easypay will be able to offer services related to placement and withdrawal of cash in/from payment accounts and operations related to their servicing.

The customers can benefit from execution of payment transactions, including transfer of funds on a user’s payment account with the payment service provider or with another payment services provider.

The license also enables Easypay to offer issuance of payment instruments and/or acceptance of payments by payment instruments and processing of cash transfers.

Easypay is the operator of the Easypay.bg, payment system that allows for money transfers and payments to be made in real time to any place in the country. The company is part of Datamax System.