C4U, a subsidiary of Schleswig-Holstein-based operator mybet, has been awarded a provisional permit to conduct financial transactions by Malta's Financial Services Authority (MFSA).
The MFSA said a full Electronic Money Institution Licence will be awarded within three months, allowing C4U to offer transaction services across the European Union for mybet and other third party companies.
It sees mybet become one of the first online gaming companies to be able to offer payment services independent of banks, [...]
