general Comparison of EMI and PI
| Services |
Electronic money institution (EMI) |
Payment institution (PI) |
|
Issuance and redemption of electronic money |
+ |
- |
|
Receiving and holding clients' funds without instructions for payment initiation |
+ |
- |
|
Payment services |
+ |
+ |
|
Currency exchange |
+ |
+ |
|
Lending services |
Necessary additional registration |
Necessary additional registration |
|
Receipt of deposits |
- |
- |