ZAG

Major payment providers are calling on lawmakers to amend payment services regulations to resolve the conflict between SCA and agentic payments. But is this problem actually unresolved?

Agentic Payments are not only transforming marketing approaches in e-commerce but also changing the rules of the game in the payments sector. Are AI agents that process payments subject to licensing requirements under the ZAG, and how can such business models be designed to comply with regulatory requirements?

In addition to MiCAR authorization, the custody of e-money tokens generally requires a license as a payment service provider under the ZAG. Which payment services are relevant in this regard, and what alternatives do affected crypto custodians have for applying for their own license?

Stablecoins are the talk of the town. They are undoubtedly crypto assets and regulated under MiCAR. But can they also be considered monetary amounts under the ZAG in individual cases? If so, could the exception for limited networks apply to services relating to them in this case?