Small payment institution in Poland, incorporated 2025

About This Company

The Polish Financial Supervision Authority grants entry into the register of payment service providers. Incorporating in 2025, this Polish entity holds registration as a mała instytucja płatnicza (MIP) under the Act on Payment Services of 19 August 2011. Applying for a fresh registration entails paying an application fee of PLN 616. The statutory decision period for a new filing lasts 3 months from the submission of a complete dossier to the KNF. Cross-border passporting remains unavailable because the authorisation is domestic.

Acquiring an existing vehicle substitutes the application process with change-of-control notifications. Acquirers seeking a qualifying holding must notify the KNF prior to the transaction. The regulator may raise objections within 60 working days, a window extendable by up to 20 working days when additional information is sought. For national payment institutions the statutory notification thresholds are 20%, 30% and 50% under Art. 72a of the Payment Services Act. Acquiring shares in breach of notification rules deprives the holder of voting rights. Permitted activities encompass money remittance, executing payment transactions, payment initiation, account information services and issuing payment instruments.