Home › Buckingham Intelligence › Register › PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)

PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)

From Buckingham Intelligence · Register data as at 30 October 2026

PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution) is authorised as a payment institution by the Central Bank of Cyprus, reference 115.1.2.9, and has been since 13 July 2018. It can serve customers in Cyprus and 29 other EU and EEA countries.

Licence and status

From the official register, refreshed monthly.

StatusAuthorised
LicencePayment institution
RegulatorCentral Bank of Cyprus
Regulator reference115.1.2.9
First authorised13 July 2018
Head officeLimassol, Cyprus
Countries it can serveCyprus plus 29 other EU and EEA countries
SourceEBA register entry, data as at 30 October 2026

What it is authorised to do

The payment services listed on its authorisation.

  • Direct debits
  • Card payments
  • Credit transfers and standing orders
  • Issuing payment cards or instruments
  • Accepting card payments for merchants
  • Payment initiation
  • Account information

Where it can operate

29 countries notified in addition to Cyprus.

Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.

From the firm

Overview, products and contacts, added by the firm once verified.

Not yet verified by the firm.

If you work at PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution), claim this page to add your overview, products and contacts. Claims are checked against an email address at your firm's own website, and the licence details always come from the register. Verification is free.

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Questions

About PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution)'s licence.

Is PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution) regulated?

Yes. PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution) is authorised as a payment institution by the Central Bank of Cyprus, reference 115.1.2.9, since 13 July 2018, according to the EBA register as at 30 October 2026.

Which countries can PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution) serve?

Cyprus, plus 29 other EU and EEA countries where it has notified the right to provide its services.

What is PAYABL. CY LIMITED (former name: Powercash21 Limited) (Payabl. CY Limited, has been licensed to operate as an EMI. By the time its licence as an EMI gets activated, Payabl.CY Limited maintains its licence as a payment institution) allowed to do?

The register lists: direct debits, card payments, credit transfers and standing orders, issuing payment cards or instruments, accepting card payments for merchants, payment initiation, account information.

How is this page kept up to date?

The licence details are refreshed from the EBA register each month. The firm can verify the page and keep its own section current.