We advised Paelyt Solutions Limited in connection with the provisions of its payment services, transfer and remittances and technology services to third parties. We reviewed the Terms and Conditions for the users of the platform, Paelyt’s Payment Aggregator Terms & Conditions, Independent Retail Agent Agreement between Paelyt Solution Limited and Paycom Limited as well as the Payout Platform User Access and Service Agreement between Paycom and Paelyt Solutions Limited. We also drafted the negotiated, drafted and reviewed Software and Technology Agreement, Payment gateway Service Agreement, Managed Security Service Agreement and Payout Users Agreement.

This platform reveals the comfort of financial houses and banks with locally developed payment solutions which are now replacing foreign technology.