ZTLment payments license passported to all of EU

ZTLment, a financial technology company, is excited to announce that its payments institution license has been successfully passported across all European Economic Area (EEA) countries, as of the 30th September. This significant milestone allows ZTLment to expand its operations and provide its innovative payment solutions to a wider range of customers in the EU.

ZTLment's mission is to simplify and automate complex payout flows through the use of smart contracts and data-driven payouts. With the passporting of its payments institution license, ZTLment can now offer its suite of products to finance teams across the entire EEA, empowering them to streamline payment processes, increase operational efficiency, and reduce manual payment errors - problems estimated by McKinsey to result in $1.5tn in productivity losses for business globally.

The passporting of ZTLment's payments institution license is a testament to its commitment to compliance and regulatory excellence. As a regulated payments institution, ZTLment adheres to the highest standards of security, financial stability, and customer protection. The successful passporting process highlights the trust and confidence placed in ZTLment by regulatory authorities across the EU, and particularly the DFSA.

It's worth noting that while ZTLment builds its software on blockchain rails, it does not utilize any cryptocurrencies. Instead, the company deals exclusively with regulated e-money, ensuring a secure and compliant payment framework.

The passporting of ZTLment's payments institution license across all EU countries represents a significant milestone for the company. By expanding its operations, ZTLment can now empower finance teams across Europe with its cutting-edge payment solutions. Finance professionals can now experience the benefits of end-to-end automated payment processes, reduced manual overhead, all without compromising on security and compliance.

To learn more about ZTLment and its payment solutions, visit www.ztlment.com.

About ZTLment

ZTLment is a regulated payments institution that leverages smart contracts to automate and simplify complex payout flows. With a focus on data-driven payouts, ZTLment provides finance teams with the tools they need to streamline payment processes and optimize and scale operations efficiently. While building its software on blockchain rails, ZTLment exclusively deals with regulated e-money, ensuring a secure and compliant payment ecosystem.