company

Legal information

Fenige S.A. operates as a National Payment Institution and is subject to supervision by the Polish Financial Supervision Authority (KNF).

We run our own payment-processing platform and act as:

a licensed payment services provider,
a principal member of Mastercard, with scheme connectivity to Visa,
Fenige S.A. operates as a Domestic Payment Institution and is subject to supervision by the Polish Financial Supervision Authority (KNF) under registration number IP42/2017,
a member of the Polish Organisation of Non-Bank Payment Institutions (PONIP),
a member of the Committee of Acquirers operating at the Polish Bank Association.

These approvals allow Fenige to provide acquiring, payouts and money-transfer services in line with EU and Polish payments regulation.

Fenige S.A. applies the corporate governance principles set out in the document “Corporate Governance Principles for Supervised Institutions”, adopted by resolution of the Polish Financial Supervision Authority on 22 July 2014 (“CGP”).

In line with a resolution of the Supervisory Board of Fenige S.A., the Company has fully or partially departed from the application of the following CGP principles:

§ 22 sections 1–2
§ 25 section 1
§ 28, § 29 and § 30 (partially)
§ 31 (partially)
§ 47 section 2
§ 51 section 2

The Supervisory Board supports the rationale for these departures and positively assesses the implementation and functioning of corporate governance within the Company.

The following documents govern the use of our services and our approach to regulatory obligations (titles as currently used on fenige.com):

Rules for AML/CFT Verification – describing how Fenige performs customer due diligence and fulfills anti-money-laundering / counter-terrorist-financing obligations.
Money Remittance Terms of Services – terms and conditions for money-remittance services provided by Fenige.
Privacy Policy – information on how Fenige processes personal data, available via the footer on all pages.
The Polish Act of 19 August 2011 on payment services
Whistleblowing – separate page describing channels and rules for reporting suspected breaches of law or internal regulations.