SPI (Small Payment Institution) is a special regulatory regime for small payment institutions. This regime offers simplified licensing requirements and procedures for companies with a limited volume of payment transactions.

The Czech SPI regime offers a number of simplified requirements compared to a standard payment institution license: Reduced initial capital requirements - SPIs require a minimum initial capital of EUR 20,000 compared to EUR 50,000 for standard payment institutions.

Recently, the Czech Republic has become a European center for payment systems of various sizes. We are approached by both new companies that want to start a business providing payment services, and companies that are already running this business, but previously made a tactical mistake and registered their companies either offshore, or in the Baltics or Cyprus. As a result, acquiring banks and other payment systems refuse to work with them. Payment system and electronic money licenses issued by the Czech National Bank (CNB) give the right to operate throughout Europe and attract clients from all over the world.