The Australian Securities and Investments Commission (ASIC) has granted an Australian Financial Services Licence (AFSL) to outsourced payment firm Ezi Payment Solutions.
To qualify for an AFSL the company had to meet several ASIC requirements, which included having company officers with a decade of financial services experience, employee training for staff giving advice and an external complaints and dispute resolution system, among others.
Commenting on the company’s licence, Ezi Payments Solutions chief John de Stefani said gaining ASIC recognition is a milestone for the company.
“The business underwent an extremely rigorous assessment with ASIC before the licence was granted and it was very satisfying to see our people and processes meet the high standards required to qualify for the Australian Financial Services Licence,” he said.
