Mauritius PSP License

Mauritius is the top choice for offshore payment processing licensing for several key reasons: a swift application process, relatively low capital requirements, and the ability to tap into Africa’s rapidly growing market for online payments. Unlike Europe or Asia where the licensing process for payments is arduous and time consuming, Mauritius offers the ability to quickly and efficiently go to market.

Mauritius PSP / EMI License – Key Takeaways

  • Mauritius is one of the few reputable offshore jurisdictions offering a regulatory framework for payments licensing
  • Capital requirements set at $45,000 USD, one of the lowest in the globe for payment licensing
  • Ability to tap into Africa’s rapidly growing adoption of payment services
  • License classified as a Payment Intermediary Services Provider
  • A physical office and local directors are required
  • License approval period estimated at 7 – 9 months
  • Taxes set at 15% of net profits

Step-by-Step Overview of the PSP Application Process in Mauritius

  1. Preliminary Advisory Call: Connect with Atomiq Consulting’s seasoned consultants to discuss your goals and cover requirements & costs for obtaining a Mauritius payments license.
  2. Information & Records Compilation: Gather all necessary documentation for the license application. Examples include the business plan, compliance documentation, KYC files, and financial forecasts.
  3. Compliance & Quality Check: Our specialists conduct a detailed assessment of all documentation in order to optimize approval timelines and ensure alignment with FSC expectations.
  4. Formal Application Filing: Formally submit the application with the FSC, including full disclosures and supporting documentation.
  5. Regulatory Assessment Phase: The FSC evaluates the application and may request further details, amendments, or clarifications during this stage of the process.
  6. Authorization Granted: Upon successful review and resolution of any queries, the FSC confirms and grants the license approval.
  7. Legal Entity Formation: Incorporate a Global Business Company (GBC) in Mauritius, finalizing the company name, shareholding, and corporate structure.
  8. Corporate Banking Arrangement: Open a local bank account to enable capital funding and ongoing operational transactions.

Mauritius PSP License Requirements

  • Capital requirements set at 2,000,000 MUR (roughly $45,000)
  • A physical office in Mauritius
  • A minimum of 2 local directors per FSC requirements
  • Local Global Business Corporation (GBC) company
  • Ongoing accounting and compliance reporting which can be outsourced
  • Website, tech stack, and business plan

Atomiq Consulting – Your Mauritius EMI Licensing Partner

Founded in 2014, Atomiq Consulting has been an industry leader in the offshore forex & CFD licensing space. Under the leadership of group CEO Jonathan Baumgart, Atomiq Consulting boasts a positive track record of successful license applications going back a decade. We have a nearly flawless track record of successful license approvals in Mauritius. Furthermore, we put our money where our mouth is and are happy to share references from our vast network of brokers.

Deciding on a trustworthy consulting firm can be challenging. Our level of transparency is bar none as we have dozens of content on our YouTube channel. Our group CEO, Jonathan Baumgart, has been featured in a variety of industry publications and is active on LinkedIn. Unlike firms that hide behind stock images, Atomiq Consulting is fully transparent making our firm the ideal partner for obtaining your license in Mauritius.

How Much Does A Payment Intermediary Services Provider License Cost? – Contact Us Today for a Free Price Quote!

To learn more about the process of applying for an PSP in Mauritius, discuss ongoing costs for the region, or to acquire a license in Mauritius, don’t hesitate to contact us today!

    Why Consider a PSP License in Mauritius?

    One of the main benefits of obtaining a Mauritius payments license is its overall affordability. The jurisdiction offers modest capital thresholds, a simplified regulatory framework, and competitive maintenance expenses, allowing providers to enter the market efficiently and cost-effectively. Furthermore, Mauritius is supported by a well-established banking and payments ecosystem, enabling smoother client onboarding and efficient transaction processing. As a result, Mauritius serves not only as a regulatory destination, but as a strategic gateway for brokers seeking international growth.

    Mauritius Payment Intermediary Service License FAQ

    Do you have a Mauritius PSP license for sale?

    If you are interested in a Mauritius PSP license for sale, we encourage you to visit our Forex Marketplace where we list all licenses currently available for acquisition. Due to the popularity of Mauritius, we almost always have a license available for purchase.

    What is the capital required for a PSP license in Mauritius?

    The paid up capital in Mauritius is MUR 2,000,000 which is roughly $45,000. 

    What are the Mauritius PSP license fees?

    The paid up capital in Mauritius is MUR 2,000,000 which is roughly $45,000, government fees which are roughly $10,000, local director & compliance fees estimated at $5,000 per month, plus government fees which are roughly $15,000.

    How long does it take to get a Mauritius PSP license?

    While each application is unique in nature, the minimum approval period is 7 months. Experience has shown it can take between 7 – 9 months for license approval.



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