FOR EU-REGISTERED VASPS

MiCA CASP license alternative — without becoming a CASP yourself.

Our rail partner holds EU Crypto-Asset Service Provider and Payment Institution authorisations under MiCA. ItisPay is the software layer above. Plug in via API, keep your brand and your AML, go live in one week.

Live in
1 week
API calls
3
Custody
None
// The stack
Your VASP
Your product, users, brand
Software layer
ItisPay — API, orchestration, KYB
Licensed rails
EU CASP + Payment Institution
THE MICA PROBLEM

Build your own CASP for €295K+ in year 1
or plug in for €0 upfront.

EU regulators are moving operators off transitional regimes. Going for your own MiCA CASP licence takes 12–18 months and locks up hundreds of thousands in capital and ongoing costs. There's a faster path.

See the alternative

Applying for your own MiCA CASP

Time to operate
12–18
months
Year 1 total
€295K+
minimum realistic

Year 1 cost breakdown

Legal advisor for application€40K–€100K
Compliance officer (full-time)€80K–€120K/year
ICT / DORA framework setup€30K–€80K
Auditor & ongoing supervision€20K–€50K/year
Capital lockup (regulatory)€125K–€150K+
Total first year€295K–€500K+
12–18 months
Typical MiCA CASP application timeline in the EU. Several member states aren't even accepting new applications right now.
€125K+ capital floor
Regulatory capital under MiCA Article 67. Plus ongoing compliance team, working capital, supervision fees.
Compliance team
Full-time officer required, plus DPO, internal AML, and external auditor. Recurring €150K+/year minimum.
Revenue cliff
Without licensed counterparty, EU residents can't be served. Bank partners pull rails. Pipeline stops converting.
THE PLUG-IN

Integrate ItisPay. Inherit a fully licensed CASP + PI counterparty.

ItisPay is a non-custodial orchestration layer above a licensed EU rail partner. You don't take custody of client funds, you don't run a separate compliance stack, you don't relicense — you plug into ours.

01

Submit KYB

Standard corporate documents, UBO disclosure, source-of-funds attestation, activity declaration.

3–7 days
02

Compliance review

Our licensed rail partner runs full KYB. Sumsub shared KYC means existing applicants pass through without re-verification.

5–10 days
03

API integration

Three API calls to integrate: create invoice, query status, register webhook. Sandbox available immediately.

1–3 days
04

Go live

Pre-fund your settlement account, push your first transaction. Real-time deposit callbacks under 200ms.

Same day
WHAT YOU GET

The full crypto-fiat capability surface — under one licensed counterparty.

All flows below run through a single EU-licensed CASP and Payment Institution. One commercial contract, one compliance review, one settlement reconciliation.

On-ramp & off-ramp

SEPA, SEPA Instant, SWIFT. 14 fiat currencies for deposit (incl. GBP via FPS, auto-converted to EUR). Settlement in EUR or USD.

Mass crypto payouts

Stablecoin payouts to 140+ countries. USDT (ERC-20, TRC-20, Polygon), USDC (ERC-20, Polygon, Base), BTC, ETH, LTC, DOGE, SOL, TON.

Named vIBANs

EUR virtual IBAN issued in your client's company name. Incoming crypto deposits auto-converted to fiat on receipt.

API automation

100% API-driven settlement. Webhook callbacks under 200ms. Sandbox environment available from day one.

No fund handling

Client funds never touch your books. Custody, settlement, AML monitoring, sanctions screening — all on the licensed counterparty.

White-label dashboard

Customisable merchant portal, invoicing UI, sub-accounts. Your brand on the front, our API and our partner's licence behind it.

VS ALTERNATIVES

MiCA CASP license vs alternatives: the honest comparison.

Four ways to get MiCA-compliant rails. Three of them take a year or longer, or come with substantial recurring cost. Here's the side-by-side.

← Swipe to scroll →
ItisPay (Software Layer)Apply for your own CASPOTC desk arrangementDirect banking partner
Time to live1 week12–18 months1–3 months3–6 months
Upfront regulatory capital€0€125K–€150K+ (MiCA Art. 67)Pre-funding only€50K–€200K reserves
EU passporting
Cryptocurrency settlement
No fund handling on your side
Recurring costVolume-based feeCompliance team €€€Spread + manual opsAccount fees + minimums
COMPLIANCE STACK

MiCA + DORA compliance, audit-ready by default.

Every transaction generates a structured evidence object. Every KYB check is logged. Every decision is traceable. Built for FATF Travel Rule, MiCA Article 19a, and EU AML directives.

EU-licensed counterparty

Our rail partner holds both MiCA CASP and Payment Institution authorisations. AML and KYC handled at the licensed level.

Shared KYC via Sumsub

Existing applicants pass through with a shareToken — no re-verification, no duplicate compliance friction.

Sanctions & AML screening

Sanctions screening (sanctioned addresses, PEPs, adverse media) and ongoing AML transaction monitoring run automatically at the licensed counterparty.

Documented screening trail

Every pre-qualification check, KYB document, and compliance decision is stored with timestamps and audit chain — ready for supervisor review.

50-country exclusion list

Geographic restrictions applied automatically at intake. Full FATF and EU sanctions list compliance.

GDPR & data protection

EU data residency, DPA in place, contractual safeguards across the chain. Your clients' data stays inside the EU regulatory perimeter.

FREQUENTLY ASKED

Questions VASPs ask before plugging in.

If your question isn't listed, book a call — we'd rather answer once with full context than send a generic FAQ entry.

It stays yours. ItisPay doesn't replace your authorisation — we plug your operation into a licensed CASP + PI counterparty so you can continue serving the EU market without applying for a new MiCA licence yourself. Your existing AML program, your existing customer base, your existing brand.

No. ItisPay is a non-custodial orchestration layer. Funds flow directly between your client and the licensed rail partner. We never hold, transfer, or have signing authority over crypto or fiat balances.

EU/EEA, UK, Switzerland, Canada, most of LatAm and APAC. We follow our rail partner's geographic policy — 50 countries are excluded (full list available under NDA). US-incorporated entities and US-citizen UBOs are not onboarded under current scope.

Standard corporate structures — LLC, GmbH, S.A., Sp. z o.o., Ltd., etc. Partnerships, trusts, foundations, sole traders, SPVs, and micro-enterprises (under EU definition) are not currently in scope. Reach out if you're unsure where your structure sits.

Volume-tiered transaction fee plus a monthly platform fee. Specific rate is shared after the pre-qualification call — it depends on your expected volume, vertical, and add-ons (Named IBAN, FX coverage). Setup fees may apply depending on the engagement.

We use Sumsub shared KYC. Your existing applicants flow into the rail partner's review via a shareToken — no double verification, no extra friction for your users. We'll walk through the configuration during integration.

A TFR vendor sits beside the payment, generating compliance artefacts after the fact. Our layer lives inside the payment flow — every verification step is captured with full transaction context (counterparty profile, rail-side metadata, intent). The result is one signed evidence object per transaction, not three logs stitched together at audit time.

NEXT STEP

30 minutes. Your KYB scope. A timeline.

Tell us your jurisdiction, expected monthly volume, and primary use case. We'll come back with a pre-qualification answer the same day — and a draft integration timeline.

Or email [email protected] directly.