Bulgaria is currently one of the best places to obtain various licenses such as Forex License (Financial Service Provider License), Gaming License (Poker only or Casino. Another type of license that may be obtained in Bulgaria that is to say the Payments Service Provider License (or the Bulgaria E-Wallet License).
The license for Payment Service Provider business is different from other financial services provider licenses as it is under the supervision of Bulgarian National Bank pursuant to Section 12 paragraph 1 of the Law on Payment Services.
- The license will require a paid up capital of 250,000 Levs or 125,000 Euros
- The license is granted for an unlimited period of time