Paynetics is a regulated e-money institution, passported to provide its services across the EU and the UK. It pioneers innovative and comprehensive payment solutions in card acquiring and issuing, account management, bank transfers and e-wallets. Their mission is to simplify and democratise payments and to represent a new generation of banking services as a fully certified payment institution.

Paynetics is a member of MasterCard, VISA, Union Pay, SEPA, SWIFT, which together with its internal developments makes the company one of the European leaders in payment solutions. Its portfolio includes digital wallets (Phyre, A1 Wallet, Pay by Vivacom and others), the world's first application that transforms a mobile phone into a POS terminal without additional hardware (PHOS), the first ApplePay and GooglePay card in Bulgaria and many others.

The company is the founder of the Bulgarian Fintech Association and has a subsidiary and office in the UK.