e-Money

Google Gets e-Money Licence to Operate in EU

Google Gets e-Money Licence to Operate in EU A company controlled by Google's parent Alphabet Inc. has received an electronic money institution (EMI) licence in Lithuania that will allow it to offer payment services across the European Union (EU). Amid the country`s efforts to become a regional fintech licensing hub, the Bank of Lithuania issued the EMI licence to Google Payment Lithuania, UAB, Xinhua news agency reported.