**Special Note** As of April 14, 2025 the Argentina government has lifted the Foreign Exchange Restrictions on the US dollar. The means new norms will follow shortly, allowing Banks to offer Crypto, and PSPs to offer crypto and USD services.

Securing a PSP license in Argentina provides financial service providers with legal clarity and operational legitimacy in a fast-evolving market. Licensed PSPs are recognized as regulated entities, which builds trust with consumers, financial institutions, and business partners. This recognition is particularly important for companies aiming to offer services such as digital payments, mobile wallets, merchant processing, and cross-border transaction solutions. The license ensures adherence to local anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks, enhancing the company’s reputation and security posture.

With rising demand for digital payments, PSPs in Argentina are uniquely positioned to fill the gap between traditional financial services and modern user expectations. The licensing framework allows providers to design and implement agile payment solutions that can support e-commerce, business-to-business (B2B) transactions, and real-time payment ecosystems. In doing so, licensed entities are not only meeting regulatory standards but are also empowering businesses and consumers to transact with greater speed, convenience, and reliability.

Another key advantage of holding a PSP license in Argentina is access to smoother integration with banks, card networks, and financial technology partners. With this regulatory backing, providers can strengthen their partnerships and expand their services across sectors. This enhances both the scalability and sustainability of their offerings, paving the way for innovation and long-term success in one of Latin America’s most promising financial markets.

By obtaining a PSP license in Argentina, companies gain the ability to operate within a supportive legal framework while remaining agile and competitive in an economy that increasingly values digital solutions. With the right infrastructure and a clear path to compliance, PSPs are well-positioned to lead the next wave of payment innovation in Argentina.

Company setup with Payment Service Provider (PSP) CP License (gaming & gambling friendly) in Argentina; regulated by BCRA.

Payment Service Providers that offer payment accounts:

• IBAN issuing (CVU), send, receive and transfer
  
• Local ARS, instant transfer & USD account
  
• Prepaid & Debit cards issuing
• Card acquiring, card processing
  
• Opening and Managing Payment Accounts
• Processing Payments
• Issuing Payment Instruments
• Enabling Electronic Transfers
• Providing Payment Gateway Services

PSP cost: from 29,900€

*Time line: ~3 months

What we can help you achieve:
API Bank Account
Processing ARCA Tax Benefits
Core Banking
Platform Operational Maintenance
Biometric KYC
Modules: Loan / Payment Services / Accounts Paid / Credit & Debit Card / Payment & Collections *QR

Payment Institution (PI) License in Brazil: Essential for Fintech Expansion

With Brazil’s burgeoning fintech landscape, securing a Payment Institution (PI) license offers significant opportunities for financial services providers to operate within a rapidly growing and receptive market. This license, regulated by the Central Bank of Brazil, allows companies to provide payment-related services while adhering to the country's compliance standards. In this piece, we’ll explore the benefits, requirements, and impact of obtaining a PI license and how ReadyCorp simplifies the licensing journey, particularly for foreign companies.

Understanding the PI License: A Key to Brazilian Fintech Operations

The Payment Institution license is designed to support companies in offering essential financial services such as payment processing, electronic wallets, and peer-to-peer transfers. Brazil’s payment sector has witnessed unprecedented growth, with digital payments increasingly preferred across demographics. The PI license, governed under the framework of Brazilian Law 12,865, grants companies the ability to securely conduct business, instilling trust among users and financial institutions alike.

Benefits of the PI License:

• Access to a Huge Consumer Base: Brazil has one of the largest fintech user populations in Latin America, with millions of consumers turning to digital payments. The PI license enables companies to tap into this market with credibility and consumer confidence.
• Regulatory Compliance and Security: Operating under a PI license means adhering to the Central Bank’s rigorous standards for security, transparency, and consumer protection, which bolsters the company’s standing and trustworthiness.
• Increased Market Expansion: With a licensed presence, companies can seamlessly expand across Brazil and potentially into other LATAM markets. Brazil’s regulations often set a regional standard, so being licensed in Brazil can ease expansion in neighboring countries.
• Enhanced Partnerships: A PI license demonstrates compliance and accountability, opening doors to partnerships with established financial institutions, technology providers, and payment processors, thereby enhancing service offerings.

Requirements and Regulations for the PI License

The licensing process, while advantageous, involves specific regulatory obligations:

• Capital Requirements: Companies must meet minimum capital requirements, which vary depending on the transaction volume and risk profile.
• AML and KYC Compliance: Strict anti-money laundering (AML) and know-your-customer (KYC) protocols must be followed, and licensed institutions are subject to regular audits.
• Data Protection and Security: Companies are required to implement secure data management practices, adhering to Brazil’s General Data Protection Law (LGPD) to protect user information.
• Ongoing Reporting: PI license holders must submit regular financial and operational reports to the Central Bank to ensure compliance and transparency.

With a rapidly evolving regulatory framework and growing consumer demand for digital financial services, Brazil presents a prime opportunity for fintech innovation. The PI license not only opens doors to Brazil’s diverse market but also positions companies at the forefront of Latin America’s digital finance ecosystem. By partnering with ReadyCorp, businesses can secure their place in Brazil’s fintech landscape, gaining a competitive edge in this dynamic market.

Cost: 75.000 EUR

The Strategic Value of an Electronic Money Institution (EMI) License in Brazil

As Brazil continues to position itself as a leading fintech hub in Latin America, the Electronic Money Institution (EMI) license has become increasingly valuable for businesses seeking to offer electronic payment services in this high-potential market. With its large, tech-savvy population, an EMI license not only grants access to a vibrant financial ecosystem but also provides substantial regulatory and operational benefits for companies in the digital finance space.

An EMI license in Brazil, regulated by the Central Bank of Brazil (BCB), is designed to empower businesses to provide electronic money issuance, prepaid cards, payment processing, and digital wallet services. Since Brazil’s regulatory framework is favorable to financial innovation, the EMI license serves as an official stamp of legitimacy and trust, enhancing a company’s reputation and accessibility in the financial market.

Key Advantages of Holding an EMI License in Brazil

• Broad Market Access
  Brazil’s large population—over 210 million people—includes one of the world’s most enthusiastic groups of digital banking users. With an EMI license, companies can offer a range of services, from digital wallets to payment processing, meeting the country’s growing demand for financial technology. This license is particularly valuable for companies targeting Brazil’s rapidly increasing number of unbanked and underbanked citizens, who now rely on digital solutions.
• Compliance and Enhanced Credibility
  The EMI license subjects businesses to the Central Bank’s regulatory framework, which emphasizes financial security and transparency. Licensed institutions can gain consumer trust by aligning with rigorous standards in anti-money laundering (AML) and cybersecurity, ensuring a secure environment that appeals to both customers and business partners.
• Tax Benefits for Financial Institutions
  While Brazil has high corporate tax rates—34% on average—EMIs can access tax reductions on income generated from export services and other financial incentives. These benefits are part of Brazil’s strategic focus on boosting its fintech sector and reinforcing its attractiveness as a regional financial hub.
• Operational Flexibility for International Transactions
  An EMI license provides flexibility in currency exchange and international fund transfers, allowing licensed institutions to conduct cross-border transactions with fewer regulatory obstacles. This is especially advantageous for businesses facilitating international remittances and currency conversions, which are essential in a globally interconnected market.
• Increased Integration with Brazil’s Financial System
  Licensed EMIs gain access to Brazil’s financial infrastructure, including PIX, the Central Bank’s instant payment platform. This integration offers a seamless experience for users and positions licensed institutions competitively among traditional banks and fintechs. PIX, which operates 24/7, allows EMIs to facilitate instant transfers, broadening service offerings and enhancing customer satisfaction.

As Brazil establishes itself as a fintech leader, acquiring an EMI license could be a transformative step for companies seeking to offer electronic money and payment services in South America. The EMI license not only facilitates entry into Brazil’s expansive financial market but also brings a host of regulatory and operational advantages. With ReadyCorp’s expertise, businesses can navigate the licensing process seamlessly and leverage Brazil’s dynamic digital finance ecosystem.

Cost 89.000 EUR

MTO (MSB) Mexico: A Vibrant Market for Digital Payment Innovation

Mexico is rapidly emerging as a hotspot for financial technology and digital payments, driven by its large, diverse population and high smartphone penetration. The country’s evolving fintech landscape and strong consumer demand for more accessible, efficient financial services have paved the way for innovative money transmission solutions. With its dynamic economy and proactive digital initiatives, Mexico offers significant growth potential for businesses seeking to expand their digital payment operations.

In recent years, the shift toward cashless transactions and mobile banking has accelerated the adoption of digital payment platforms across Mexico. This transformation not only caters to the needs of a tech-savvy consumer base but also positions the country as a fertile ground for companies that provide secure, reliable, and legally compliant money transmission services. As regulatory frameworks continue to adapt to new financial realities, businesses with a Money Transmitter License are well-poised to capture market share in this expanding ecosystem.

Benefits of Obtaining a Money Transmitter License in Mexico

Acquiring a Money Transmitter License in Mexico provides businesses with a solid legal foundation to operate within the country’s increasingly sophisticated digital finance ecosystem. Licensed money transmitters are recognized as fully compliant entities, which builds trust with customers, financial institutions, and international partners. This regulatory certainty is especially critical in an environment where robust anti-money laundering (AML) and counter-terrorism financing (CTF) measures are essential for safeguarding consumer transactions and ensuring long-term operational stability.

With a Money Transmitter License, companies gain access to streamlined procedures that allow for efficient cross-border fund transfers. This is particularly important in Mexico, where remittances and digital transactions play a central role in the economy. By aligning with established legal standards, licensed transmitters can integrate more smoothly with traditional banking channels, increasing their credibility and facilitating seamless transactions. Moreover, this compliance framework serves as a competitive advantage, positioning license holders as trusted market players in a densely populated financial ecosystem.

Another benefit is the enhanced operational flexibility provided by a Money Transmitter License. Businesses can design and implement innovative payment solutions that address the unique challenges of the Mexican market, such as high mobile connectivity and the need for swift, reliable remittances. In turn, this fosters deeper customer engagement and opens opportunities for strategic partnerships with fintech innovators and traditional financial service providers. Ultimately, the license acts as a catalyst for growth, enabling businesses to not only capture new market opportunities but also to maintain a strong reputation for security, transparency, and regulatory excellence in Mexico’s fast-growing digital payments arena.

A money transmitter, also often referred to as a "money service business" (MSB), is a company or individual that facilitates the transfer of funds from one person or entity to another, often between disparate geographical locations and across international borders.

Money transmitters facilitate fund transfers between local and international borders. The global remittance market, which refers to the total amount of money transferred across borders, was valued at nearly 950 billion USD (end of 2023). Analysts predict that this market will continue to grow to reach approximately 1.2 trillion USD by 2028, with a compound annual growth rate (CAGR) of 5.68%. Businesses or individuals working within this space must understand the intricacies of money transmitters and the rules and regulations to ensure compliance and expand to new markets.

Cost:

MT with Physical Operations: 45.000 EUR

MT with Digital Operations: 60.000 EUR

IFPE (EMI) Mexico: A Hotbed for Fintech and Digital Payment Innovation

Mexico is rapidly emerging as one of Latin America’s premier markets for fintech innovation and digital payment services. With a large, diverse population and a strong mobile penetration rate, the country is witnessing a significant shift toward digital financial services. Economic factors such as fluctuating currency values and a strong need for financial inclusion are driving both consumers and businesses toward alternative payment solutions. This vibrant ecosystem creates an immense opportunity for companies operating under an IFPE license to tap into the growing demand for secure, efficient, and legally compliant electronic payment solutions.

The Mexican government has been proactive in promoting digitalization within the financial sector through regulatory reforms and supportive policies. This positive regulatory environment, coupled with an expanding digital economy, establishes Mexico as an ideal launchpad for innovative payment technologies. By offering enhanced cross-border payment capabilities, integrated financial services, and an increasing focus on cybersecurity, Mexico presents a fertile market for electronic payment fund institutions to grow and scale their operations regionally.

Benefits of Obtaining an IFPE License in Mexico

Securing an Electronic Payment Fund Institution (IFPE) license in Mexico provides businesses with robust legal and regulatory certainty. Licensed institutions gain access to a well-defined framework that regulates electronic payment services, ensuring that all operations are fully compliant with local anti-money laundering (AML) and counter-terrorism financing (CTF) guidelines. This regulatory clarity not only boosts investor and consumer confidence but also facilitates smoother collaboration with banks and financial partners throughout the country.

An IFPE license also positions businesses to capitalize on Mexico’s rapidly growing digital payment market. With consumers increasingly shifting from traditional banking to digital platforms, licensed institutions can offer advanced electronic payment solutions that cater to a wide range of needs—from everyday transactions to large-scale business payments. The clear separation and handling of client funds, mandated by the IFPE framework, further enhance operational transparency and reliability, making these institutions attractive for both local and international investors.

Furthermore, operating under an IFPE license in Mexico provides significant competitive advantages. The streamlined licensing process, coupled with low operational costs, allows businesses to launch their services quickly and efficiently. This environment encourages innovation and flexibility, allowing institutions to integrate new technologies—such as biometric authentication and blockchain-based ledger systems—to safeguard transactions and reduce fraud. As Mexico’s fintech ecosystem continues to evolve, an IFPE license establishes a strong foundation for sustainable growth and market leadership.

Additionally, the comprehensive support provided by regulatory authorities ensures that licensed institutions are continually updated on best practices and emerging trends. This ongoing regulatory oversight not only minimizes operational risks but also opens doors to strategic partnerships within the broader Latin American fintech and payment networks. In an era where digital payments are becoming the norm, an IFPE license in Mexico empowers companies to drive technological change while remaining secure and fully compliant.

Our IFPE Package from Mexico includes:

 • The MTDO (Money Transmitter with Digital Operations) without limits, as well as custody of fiat, stablecoins, BTC via a wallet, card issuance, and card payment processing.

 • Fintech Model

 • Preparation of the legal infrastructure

 • Iteration of the documentation

 • Submission of the application for authorization

 • Venting, preparation and iteration of observations (up to 2 rounds)

 • Request for additional authorizations.

 • Training in how to lobby for your project

Cost: 190.000 EUR

Receive official authorization to operate online gaming platform - to operate an online gaming platform in Costa Rica it is not mandatory to have a license granted. However, this license may be requested for banking, data processing, and payment processing solutions.
 It is an official document from the commercial ministry describing that the company is authorized to operate online gaming.

Obtaining an online gaming license in Peru provides companies with full legal authorization to offer betting and gaming services under a stable, recognized regulatory framework. Licensed operators gain instant credibility with customers, payment processors, and strategic partners, building a foundation of trust that is critical for long-term success. Compliance with Peru's regulatory standards ensures that operators meet strict requirements for responsible gaming, financial reporting, cybersecurity, and anti-money laundering (AML) practices—factors that enhance brand reputation and operational security.

One of the most attractive aspects of Peru’s licensing environment is its openness to international operators. Foreign companies can obtain a license without the need for complex local partnerships, allowing for flexible ownership structures and operational autonomy. This streamlines market entry and reduces costs compared to more restrictive jurisdictions. Furthermore, Peru's regulatory regime offers a clear, transparent licensing process, helping businesses avoid unnecessary delays and launch their services more quickly.

Additionally, a Peruvian online gaming license offers businesses access to a rapidly growing player base while ensuring compliance with tax and operational obligations at favorable rates. Peru's strategic location and regional influence within Latin America also enable licensed operators to explore expansion opportunities into neighboring markets, establishing Peru as a valuable regional hub for gaming operations.

By obtaining an online gaming license in Peru, businesses position themselves for scalable growth, strong regulatory support, and enhanced customer loyalty in a region where digital entertainment demand is booming. With the right strategy and compliance framework, operators can leverage Peru’s vibrant market to build sustainable, competitive, and highly profitable online gaming ventures.

Obtaining a Money Services Business (MSB) License in Canada provides businesses with a secure and compliant framework to operate in the country’s growing digital finance market. An MSB license allows companies to offer a range of financial services, including cryptocurrency exchanges, digital wallets, remittance services, and currency conversion. Licensed entities must comply with stringent anti-money laundering (AML) and counter-terrorism financing (CTF) requirements set by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), ensuring a secure and transparent operating environment.

One of the key advantages of an MSB license in Canada is the ability to access a mature and sophisticated financial market. Canada’s tech-savvy population, coupled with a high rate of cryptocurrency adoption, creates significant demand for regulated digital asset services. By securing an MSB license, businesses can build trust with customers and partners while offering compliant and secure financial solutions tailored to both retail and institutional clients.

Canada’s regulatory framework is designed to encourage innovation while maintaining financial integrity. The licensing process is straightforward, allowing businesses to focus on growth and scalability rather than navigating complex bureaucratic hurdles. Additionally, Canada’s clear guidelines on digital assets provide legal certainty, enabling licensed MSBs to operate with confidence in a rapidly evolving market.

Furthermore, Canada’s strategic location and economic stability make it an ideal base for companies looking to expand into North America. With financial passporting opportunities and strong trade relations with the United States, licensed MSBs in Canada can seamlessly access cross-border markets. This advantage, combined with a supportive fintech ecosystem and a growing community of blockchain enthusiasts, positions Canada as a leading destination for digital finance innovation.