Digital Payments & Fintech · Slovenia
EMI license in Slovenia: e-money institution (EMI) requirements (2026)
Slovenia shaded by its digital payments & fintech status
Fintech and digital payments in Slovenia: licensing regime.
FrameworkPayment Services, Services for Issuing Electronic Money and Payment Systems Act (ZPlaSSIED), transposing EU PSD2 (Directive 2015/2366/EU) and EMD2 (Directive 2009/110/EC); competent authority: Banka Slovenije (Bank of Slovenia)
Slovenia has a fully operative licensing regime for payment institutions and e-money issuers under ZPlaSSIED, which transposes PSD2 and EMD2 into national law. Banka Slovenije grants authorisations, maintains a public supervised-entities register, and operates a Fintech Innovation Hub for regulatory guidance. Slovenia participates in mandatory SEPA SCT Inst instant payments (full send/receive obligation met by October 2025) and is preparing for the EU PSD3/PSR transition.
How to get an EMI license in Slovenia
To provide electronic-money or payment services in Slovenia you need authorisation as an Electronic Money Institution (EMI), supervised by Banka Slovenije, under the EU E-Money Directive (2009/110/EC) and the Second Payment Services Directive (PSD2).
- Authority
- Banka Slovenije
- License required
- authorisation as an Electronic Money Institution (EMI)
- Framework / law
- the EU E-Money Directive (2009/110/EC) and the Second Payment Services Directive (PSD2)
- Minimum capital
- €350,000 initial capital for a full (Authorised) EMI; a lighter Small EMI regime exists below an average €5m of outstanding e-money
- Timeline
- roughly 3–12 months; the regulator has up to 3 months to decide once the application is complete
- Cost
- application and supervisory fees that vary by country (often €5,000–€25,000), plus safeguarding and audit costs
- Passporting
- Yes — an EMI authorisation passports across the whole EEA (all 27 EU states plus Norway, Iceland and Liechtenstein).
What an EMI license in Slovenia covers
- Issuing electronic money and maintaining payment accounts
- Executing payment transactions: credit transfers, direct debits and card payments
- Issuing and/or acquiring payment instruments
- Money remittance
- Payment initiation services (PIS)
- Account information services (AIS)
How to get an EMI license in Slovenia: step by step
- 1Incorporate in the member state and establish real local substance (registered office and part of the business conducted there).
- 2Build the application file: programme of operations, three-year business plan, governance, AML/CFT, safeguarding and security policies.
- 3Deposit and evidence the €350,000 initial capital.
- 4Submit the application to the national competent authority.
- 5The authority has three months from a complete application to grant or refuse.
- 6On authorisation you are entered in the national and EBA registers, then passport into other EEA states before serving them.
Documents required in Slovenia
- Programme of operations listing each payment service you will provide
- Business plan with a three-year budget forecast
- Evidence of the €350,000 initial capital
- Governance arrangements and internal-control mechanisms
- AML/CFT policy and appointment of a compliance officer
- Safeguarding arrangements for client funds (segregated account or insurance)
- Security policy, incident management and ICT resilience procedures
- Fit-and-proper documentation for directors and qualifying shareholders
- Description of any outsourcing, agents or distributors
- Professional indemnity insurance where you provide PIS or AIS
After authorisation: ongoing obligations in Slovenia
- Maintain own funds under the applicable calculation method (A, B or C)
- Safeguard client funds at all times, segregated or insured
- Apply strong customer authentication (SCA) under PSD2
- Run continuous AML/CFT monitoring and reporting
- Report major operational and security incidents to the regulator
- Submit annual audited accounts and periodic regulatory reporting
EMI license in Slovenia: FAQ
Yes. To provide electronic-money or payment services in Slovenia you need authorisation as an Electronic Money Institution (EMI), supervised by Banka Slovenije, under the EU E-Money Directive (2009/110/EC) and the Second Payment Services Directive (PSD2).
Banka Slovenije.
Application and supervisory fees that vary by country (often €5,000–€25,000), plus safeguarding and audit costs.
Typically roughly 3–12 months; the regulator has up to 3 months to decide once the application is complete.
The application file centres on programme of operations listing each payment service you will provide; business plan with a three-year budget forecast; evidence of the €350,000 initial capital; governance arrangements and internal-control mechanisms; plus fit-and-proper evidence for directors and qualifying shareholders.
Incorporate in the member state and establish real local substance (registered office and part of the business conducted there). Build the application file: programme of operations, three-year business plan, governance, AML/CFT, safeguarding and security policies. The authority then assesses the file and, once authorised, you can begin operating.
Yes — an EMI authorisation passports across the whole EEA (all 27 EU states plus Norway, Iceland and Liechtenstein).
Key points
Payment institutions and electronic money institutions must obtain authorisation from Banka Slovenije under ZPlaSSIED before providing services. Banka Slovenije publishes a public register of all authorised entities, exempt payment institutions, and registered account information service providers.
Banka Slovenije is the sole competent authority for supervising non-bank payment service providers and financial market infrastructures under ZPlaSSIED. It also operates a dedicated Fintech Innovation Hub offering regulatory guidance on crypto, blockchain, crowdfunding, and alternative payment business models.
ZPlaSSIED fully transposes PSD2 open-banking obligations. Third-party account information service providers must register with Banka Slovenije, and payment initiation service providers require full authorisation. Banks must provide compliant access-to-account APIs.
From 9 January 2025 Slovenian banks were required to receive SEPA Instant Credit Transfers (SCT Inst); from 9 October 2025 full mandatory sending capability applied. Slovenia also operates a domestic instant infrastructure: BIPS (Bankart Instant Payment System, live since 2019) and the P2P mobile solution Flik.
BNPL in Slovenia is regulated under consumer credit law. EU Consumer Credit Directive II (Directive 2023/2225/EU) required transposition by 20 November 2025, removing exemptions for short-term interest-free BNPL from third-party providers and bringing them within the licensed consumer credit framework applicable from 2026.
EU PSD3 and the Payment Services Regulation (PSR) reached provisional political agreement in November 2025. PSD3 will merge PI and EMI authorisations into a single licence category; national transposition is expected approximately 18 months after entry into force (~2026-2027), at which point Slovenia will update ZPlaSSIED accordingly.
Slovenia - other topics
Digital Payments & Fintech in other countries
Last verified 5/24/2026 · Orientation, not legal advice - verify against the primary sources linked above. Methodology & how to cite · State of Technology Regulation 2026 · Explore the full world map →