EveryPay, the FinTech company of the Skroutz group, has officially obtained an Electronic Money Institution (EMI) license and joins the club of European fintech companies with an EMI license. 

With this license, it is now able to offer financial services such as issuing digital wallets and debit cards. 
With the acquisition of the Electronic Money Institution license for EveryPay, Skroutz launches the Skroutz Wallet, already available in beta for a portion of Skroutz Plus users, and will gradually and daily become available for all Skroutz Plus users. It is worth noting that in the next period of time the Corporate Wallet will also be available for merchant partners. 

The Skroutz Wallet allows the user to enjoy fast and secure checkout with the Everypay guarantee while also providing benefits such as bonuses every time the user tops up.

Kostas Kontogiannis, Chief Financial Officer of Skroutz, said, "With the main objective of continuously improving the experience of the consumer and our partners, we are proceeding with the creation of Skroutz Wallet and Corporate Wallet to ensure even easier and faster online purchases and transactions.".

George Syntelis, CEO of EveryPay, said "EveryPay remains committed to continuously introducing innovations in the Greek market, leveraging the latest technology in the financial sector, significantly reducing costs, and increasing the security of transactions. With the acquisition of the EMI license, EveryPay is transformed into a modern digital banking-type institution. This evolution allows us to bring to market products and services that democratize access to the benefits of financial services while simplifying the everyday lives of consumers and merchants, making it faster, easier, and safer for everyone."