What is ZAG?

ZAG is the abbreviation of the German Payment Services Supervision Law (“Zahlungsdiensteaufsichtsgesetz”). It regulates who can provide payment services under which conditions. finleap connect has received a licence from the German Federal Financial Supervisory Authority (BaFin) to provide account information and payment initiation services in accordance with the definitions in § 1 (33) and (34) of the ZAG.