Payment Intermediary Services
FSC-licensed payment intermediary structures for fintech companies and payment service providers seeking a well-regulated Mauritius base for cross-border payment operations.
Payment Intermediary Services (PIS) is a licence issued by the FSC enabling the holder to provide payment intermediary and money remittance services. As the digital payments ecosystem continues to evolve, Mauritius has developed a regulatory framework that supports innovative payment service providers while maintaining robust AML/CFT standards. A PIS licence enables fintech companies to provide payment services across multiple jurisdictions from a well-regulated, internationally recognised base.
Permitted Activities
A PIS licence holder may provide payment intermediary services including payment gateway operations, money remittance, payment processing, and related services as specified in the licence conditions.
AML/CFT Framework
PIS licence holders must implement a comprehensive AML/CFT programme including transaction monitoring, customer due diligence, suspicious transaction reporting, and compliance with the Bank of Mauritius guidelines.
Capital Requirements
Minimum capital requirements apply to PIS licence holders, structured to ensure adequate financial resources to meet obligations to payment customers and counterparties.
Technology Requirements
Applicants must demonstrate robust technology infrastructure, cybersecurity measures, and business continuity arrangements appropriate to the scale and nature of their payment operations.
Licensing Process
PIS licence applications are reviewed by the FSC with involvement from the Bank of Mauritius. PrimeLuxe manages the complete application process including regulatory liaison and documentation preparation.
Ongoing Compliance
PIS holders are subject to ongoing FSC and Bank of Mauritius supervision, periodic AML/CFT examinations, and must submit regular financial and operational reports.
Ready to establish your Services?
Our team will guide you through every step — from initial structuring advice through to incorporation, licensing, and ongoing administration.