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When a merchant or invoice provider is using Neonomics to initiate direct bank payments from your bank account, Neonomics shows a digital certificate of trust (QSEAL) to the bank (otherwise the banks will not allow payment). Although you have paid through your merchant or invoice provider, it is whoever holds the certificate that initiates the payment and whose name will show on the bank statement. The certificate is issued by Buypass and is issued based on the license from the Norwegian Financial Supervisory Authority (FSA).
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