How Blue Azurite assists fintech companies in applying for a Mauritius Payment Intermediary Services (PIS) licence

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Blue Azurite assists fintech companies in applying for a Payment Intermediary Services (PIS) licence regulated by the FSC in Mauritius. The licence covers merchant acquiring, online payment processing, cross-border remittances, payment initiation, transaction execution and multi-currency services, with services limited to outside Mauritius. Applicants must establish a GBC and appoint at least two locally resident directors and key function holders. Final approval remains at the discretion of the FSC.