Smart Fintech received the authorization from NBR (National Bank of Romania) as a Payment Institution authorized to perform Payment Initiation Services (PIS).
Thus, the start-up becomes the first open banking third-party provider (TPP) licensed in Romania.
Smart Fintech is officially listed in the Payment Institutions Register held by the National Bank of Romania.
SmartPay is the fintech’s first Romanian authorized payment initiation service.
It can be used either as an alternative to any online payment method (eCommerce payments, online bill payments etc.) or as a payment accelerator – integrated into any app managing financial resources.