Payment Initiation Service Provider (PISP) and Account Information Service Provider (AISP) for a Foreign Payment Institution

STUCHLÍKOVÁ & PARTNERS provided comprehensive legal advice to the foreign payment institution Blue Media S.A. in connection with the provision of new payment services on the Czech market under the PSD2 rules – Account Information Service Provider (AISP) and Payment Information Service Provider (PISP).

Legal advice included an analysis of the cross-border operation of Blue Media S.A. on the Czech market, the applicability of Czech law depending on the selected method of cross-border operation, and a comprehensive review of contractual documentation for payment services and the way of their promotion and offering on the Czech market.

Blue Media S.A. is a foreign payment institution providing innovative services in the area of electronic and on-line payments.

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