Payments & E-Money

Payments & E-Money

Payments and e-money encompass the infrastructure and mechanisms enabling the transfer of funds electronically. Our team understands the intricate dynamics of electronic transactions, including traditional payment methods like credit cards and bank transfers and emerging digital innovations such as mobile wallets and cryptocurrencies. 
The payment sector is a critical component of the global financial ecosystem, facilitating the transfer of funds between individuals, businesses, and institutions. With the rise of digitalisation and technological advancements, the payment sector has witnessed rapid evolution, with innovative payment solutions and disrupting traditional payment methods. At BDO, we understand the complexities of the payment sector and offer tailored solutions to help businesses navigate these challenges successfully. 
At BDO Ireland, we understand the regulatory landscape governing payment systems and stay ahead of emerging trends to provide our clients with tailored strategies for success. We know success in payments and e-money requires a blend of financial expertise, technological innovation, and regulatory compliance to meet the evolving needs of consumers and businesses, and we’re ready to support our clients in an increasingly digital economy. 

Payments & E-Money Clients We Work With

Payment Institutions play a crucial role in the financial landscape, governed by regulations like the European Union (Payment Services) Regulations 2018 (‘PSR’) in Ireland. 

At BDO, we understand the intricacies of regulatory compliance and offer tailored support to Payment Institutions navigating this landscape. From regulatory authorisation to tax structuring, from technological innovation to operational efficiency and cybersecurity measures, our comprehensive services ensure our clients' adherence to regulations while optimising their operations for success in the evolving payment services sector. 

E-money institutions, authorised under the European Communities (Electronic Money) Regulations 2011 (‘EMR’), issue electronic money, representing stored monetary value used for payment transactions. While e-money offers convenience akin to cash, it presents challenges like regulatory compliance and cybersecurity risks. 

At BDO Ireland, we support e-money institutions through tailored tax advice, regulatory guidance (safeguarding reviews, etc.), audit services, and cybersecurity measures, ensuring resilience and success in the dynamic digital finance landscape. 

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Solutions We Offer


Statutory Audit Tax Dispute Resolution Tax Structuring & Advice Transfer Pricing Corporate Tax Compliance Indirect Tax Advice & Compliance M&A Due Diligence Withholding Tax Advice and Compliance R&D Tax Credits Transaction Structuring Cyber & Information Technology  IT Risk Advisory and Assurance Forensics Investigations  Internal Audit Outsource & Co-Source Governance, and Risk Management  Regulatory Compliance Economic Crime and Fraud Prevention Regulatory Authorisations Regulatory Reporting & Engagement  Upstream Regulatory Developments Outsourcing Risk Assurance & Advisory Safeguarding Risk Assurance & Advisory Operational Resilience  SOx Compliance Accounting and Finance  Recruitment Flexible staffing Employment Tax & Payroll HCM Technology Sustainable Performance Statutory Compliance Overseas Company Maintenance Advisory & Restructuring Services Governance, Company Law & Regulatory Client Support & Administration Services Deal Advisory

Contact us to discuss solutions for your business needs

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Angela Fleming

Partner & Head of Financial Services Tax, BDO Dublin
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Brian Hughes

Partner, Financial Services Audit, BDO Dublin
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Ciara Hanrahan

Director - FS Risk & Advisory Services, BDO Dublin
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Niamh O'Brien

Director, BDO Talent Management, BDO Dublin
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Richard Warren-Tangney

Partner Financial Services, BDO Dublin
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