In brief: Fitpo becomes (also) payment institution

French payment company B2B cross border and cash management based on blockchain, Fitpo also offers Payment Links, a cryptocurrency payment collection service to its professional customers since last May. And from now on, it will be able to highlight any new accreditation obtained from CPRA to carry on its activities.

A new player in alternative payment in France has just announced that he has obtained his approval as a payment institution from the CPRA. It is therefore Fipto, which now presents itself as a payment infrastructure unifying both digital and traditional currencies and allowing companies to send and receive instant payments via the Blockchain.

The authorisation of a payment institution allows it to also offer payment services and receptions on behalf of third parties in fiduciary currencies.

Fipto adds this new approval to those it had already obtained as a PSAN (Provider of Services on Digital Assets) in France and its PSAV equivalent in Luxembourg.

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