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FSA E-Money License

Updated : Tuesday, July 06, 2010
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Vincento Payment Solutions obtains electronic money license

10th March 2008: Financial Services Authority in the United Kingdom authorises Vincento Payment Solutions Limited to issue electronic money.

"This is a milestone for us," says Vincento CEO, Alpesh Patel. "We always intended to own the process and holding our own FSA licence means we can be very flexible, which ultimately benefits our customers.

"The authorisation to become a regulated e-money issuer, combined with a close working partnership with our payment provider, CQR Payment Solutions, enables us to own the process and bring our innovative combined payment solution to the market."

For further information, please contact: press@vincento.co.uk

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