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Below you can read exactly what a payment processing service provider does. And what you can find in this register. Finally, we will explain how you can search the register.

What does a payment processing service provider do?

Payment processing service providers are responsible for the handling of overnight payment transactions, which is money transferred from one bank account to another. For example, they forward requests for approval of payment orders when a customer pays in a shop. Or they approve such requests by means of a balance check at the customer's side.

What can you find in the register?

Each year, all payment processing service providers must report to DNB how many payments they handled in the previous calendar year. If this amounts to more than 120 million payments, the company must have a DNB licence. The register lists all authorised payment processing service providers.

How do you search the register?

In the first box, select a financial service. In the second box, type the name of a company or part of the name, and click ‘Search’. You can also leave this box empty to get the complete list. Clicking on a search result will take you to a detail page with more information about the crypto service provider.