OAM licence for authorised payment services
RoxPay is officially registered with the Organismo Agenti e Mediatori (OAM), the Italian authority that supervises transparency and compliance of operators in financial and payment services.
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What is the OAM licence
The OAM (Organismo degli Agenti e dei Mediatori) is the Italian public body established by Legislative Decree 141/2010, tasked with supervising operators in the credit and payment services sector. Registration with the OAM is mandatory for anyone distributing financial services on Italian territory.
The OAM licence certifies that the operator meets requirements of integrity, professionalism and organisational soundness. The body carries out periodic checks and may order the removal of non-compliant operators.
For payment services, OAM registration is the first legal requirement: without it, it is not possible to operate as an agent or distributor of payment institutions authorised by the Bank of Italy.
Why the OAM licence is essential for payments
Legal obligation to operate in Italy
Legislative Decree 141/2010 makes OAM registration mandatory for all agents in payment services. Operating without registration constitutes unlawful exercise of financial activity.
Continuous oversight and transparency
The OAM constantly monitors its registrants, verifying the maintenance of requirements and correctness in client relations. A level of control that protects both the operator and the end consumer.
Assurance for clients and banking partners
Banks, payment institutions and enterprise clients verify OAM registration as a prerequisite for any commercial relationship. Working with a registered operator reduces reputational and legal risk.
How RoxPay maintains OAM compliance
Up-to-date registration and documentation
RoxPay keeps its OAM registration active and current, with all documentation required by regulation always available for checks and audits.
Continuous team training
All staff involved in the distribution of payment services complete mandatory training programmes on anti-money laundering, PSD2 regulation and consumer protection.
Internal AML and compliance procedures
RoxPay adopts internal customer due diligence procedures (KYC/AML), suspicious transaction reporting and complaint management compliant with OAM and Bank of Italy directives.
Cooperation with supervisory authorities
We maintain a transparent and proactive relationship with the OAM and Bank of Italy, responding promptly to information requests and participating in sector initiatives.
Concrete benefits for your business
Guaranteed operational legitimacy
Working with an OAM-registered operator protects you from the risk of engaging with unauthorised entities, avoiding penalties and legal liability for your company.
Simplified banking onboarding
Banks and payment institutions require OAM verification as the first due diligence step. RoxPay's registration accelerates service activation for your clients.
Access to enterprise and public sector clients
In public tenders and B2B selections, OAM compliance is often an eliminatory criterion. With RoxPay, your proposal is already compliant.
Protection of your end clients
OAM supervision ensures that every operation complies with regulation, protecting the rights and data of consumers using your payment services.
The difference compared to unregistered operators
| With RoxPay (OAM Registered) | Unregistered operator | |
|---|---|---|
| Authorisation | Operator verified and authorised by OAM | Risk of unlawful activity under art. 131-ter TUB |
| Oversight | Periodic checks by OAM and Bank of Italy | No institutional supervision |
| Anti-money laundering | KYC/AML procedures compliant with regulation | No customer due diligence obligation |
| Consumer protection | Complaints handled according to regulatory protocols | No contractual transparency guarantee |
Frequently asked questions about the OAM licence
What is the OAM and why is it important for payment services?
How can I verify that RoxPay is actually registered with the OAM?
What risks do I face if I work with an operator not registered with the OAM?
Does OAM registration also cover digital payment services?
Choose an authorised payment operator
With RoxPay you have the certainty of working with an OAM-registered partner, compliant with regulation and under institutional supervision.