maksupalveluyrityksiltä

maksupalveluyritys is a Finnish term that translates to "payment service provider" or "payment institution" in English. It refers to a company that is authorized to provide payment services. These services can include various financial transactions, such as processing payments for businesses, facilitating money transfers, and operating payment accounts.

In Finland, payment service providers are regulated by the Financial Supervisory Authority (FIN-FSA). Companies wishing to operate as a payment service provider must obtain a license from the FIN-FSA, which ensures they meet strict security, operational, and financial requirements. This regulatory framework is largely based on European Union directives, such as the Payment Services Directive (PSD).

The scope of services offered by a maksupalveluyritys can be broad. They may handle direct debits, card payments, bank transfers, and the issuance of payment instruments like payment cards. Some payment service providers specialize in certain areas, such as e-commerce payment gateways or mobile payment solutions, while others offer a comprehensive suite of services to a wide range of clients. The existence of these regulated entities is crucial for the smooth functioning of electronic commerce and financial transactions within Finland and the broader European economic area.