Lux International Payment System is an Electronic Money Institution. The company is issuing and redempt an electronic money. Providing services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account. Execution of payment transactions, including transfers of funds on a payment account with the payment service provider of the payment service user or with another payment service provider: execution of direct debits, including one-off direct debits, execution of payment transactions through a payment card or a similar device and/or execution of credit transfers, including standing orders.