Payments firms leverage Georgia's limited purpose bank charter to reduce dependency on.
Checkout.com issued a regulatory action on September 14, 2026.
- Primary
- Checkout.com
- Date
- September 14, 2026
- Sub-sector
- B2B Payments
This regulatory development enables sub-$250M payment processors to achieve independent acquiring capability without traditional bank sponsorship, reducing costs and increasing margins. It signals a shift in how fintech companies can structure their banking relationships and acquire licenses.
Source: pymnts.com