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Benefits of EMI for High-Risk Companies

Benefits of EMI for High-Risk Companies
1 Dec 2022
An Electronic Money Institution (EMI) is a company that has been authorized by a supervisory authority to issue electronic money.
EMI offers its Clients the following range of opportunities:
  • Issue of electronic currency;
  • Payment services;
  • Unique IBAN;
  • Initiation of payments;
  • Automatic payments;
  • Credit cards;
  • Support 24/7.

EMI accounts are especially relevant in the case of developing an Internet business with high risk indicators, including operations on the Forex markets or online gambling. Electronic accounts can be opened for different jurisdictions without personal presence. This speeds up and simplifies the development of High-Risk business. In addition, EMI systems allow you to conduct transactions with full interaction with all accounts that are linked to high-risk business areas.

High-risk companies include:
  • Forex (FX) and cryptocurrencies;
  • Dating/social network;
  • Brokerage;
  • Gambling, Betting, Lotteries;
  • Sale of goods for animals, replica brands, tobacco products and more;
  • Tourist activity;
  • Pharmaceutics.
Unlike bank accounts, EMI is a technological breakthrough with many advantages for High-Risk companies. Increased payment processing speed, low transaction fees, AI novelties, as well as fast AML/KYC procedures make opening EMI accounts for High-Risk companies the optimal choice for successful international activities. An additional advantage of cooperation with EMI is the minimum communication with the bank.

The main advantages of opening EMI accounts for High-Risk companies are:
  • The main advantages of opening EMI accounts for High-Risk companies are:
  • The most convenient interface;
  • Simple EMI compliance;
  • Fast electronic currency transactions;
  • Quick opening of accounts in a simplified form;
  • Obtaining a unique IBAN in the EU or another country;
  • Without the need for personal presence;
  • Ability to open EMI accounts for different jurisdictions;
  • Low EMI fees;
  • Free money transfers within the system.
A number of advantages make EMI a popular choice not only for High-Risk, but also for startups and freelancers.

High-risk companies, startups and freelancers prefer to have an e-account for the following reasons:
  • 1

    Additional services

    Innovative technologies offer a range of integrated banking options. These options include Client identification rules, alternative payment methods and other procedures that a traditional bank does not offer.
  • 2
    With an EMI electronic account, a High-Risk company or IT company can carry out financial transactions at any time and from anywhere in the world. It only needs access to the network.
  • 3


    Creating electronic payments in EMI is a very simple process and does not require the User to have technical knowledge. In case of any questions regarding transactions, a 24/7 support team is at the service of the Clients.
  • 4


    EMI money transfers between virtual accounts are fast, secure and private. Unlike a bank transfer, which can take several days, EMI transactions take a few minutes.
    No less necessary for the implementation of commercial activities in the network is the opening of merchant accounts.
No less necessary for the implementation of commercial activities in the network is the opening of merchant accounts.

Opening a merchant account has the following benefits:
  • Ability to accept payments from individuals on your site;
  • Ability to set automatic debiting of the amount for a monthly subscription;
  • A large number of payment methods.
The ability to completely convert the financial part of the business into a digital equivalent makes electronic payment systems a modern choice for everyone who seeks a comfortable, safe and stable online business.

About the author
Contact the author:
Vladyslav Yarovoi acts as a managing partner at the esteemed Rikk law firm. With his Master of Law and expertise in a high-risk business, Vladyslav has become an authority on providing legal support for IT businesses; from ensuring their successful launch to making sure they are ready for IPO.
Vladyslav Yarovoi

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