PayNovus is an EU-regulated Electronic Money Institution, headquartered in Sofia, Bulgaria.
Founded in 1998 (originally as TBI Credit), we have been a Principal Member of Visa and a Worldwide Member of Mastercard for more than 18 years. Regulated by the Bulgarian National Bank, our services comply fully with EU directives and the strict requirements of Visa and Mastercard.
Our Core Services
🔹 Acquiring – Secure and scalable credit & debit card payment processing for European merchants serving global consumers.
•	Settlements in EUR, GBP, USD
•	In-house payment gateway & merchant portal
•	Hosted payment page
•	3D Secure MPI
🔹 Online Payments – Flexible alternatives to traditional bank accounts.
•	Online client onboarding & virtual IBANs
•	SEPA & SEPA Instant transfers
•	Local Payments
•	API connectivity for seamless integration
•	Reloadable prepaid cards linked to accounts
🔹 Issuing – Prepaid & business debit Visa cards.
•	White-label solutions for corporate, gift, or voucher use cases
•	Personalized and scalable programs
Why PayNovus
With deep regulatory expertise, long-standing card scheme memberships, and modern payment solutions, we help merchants, partners, and consumers access secure, flexible, and innovative financial services worldwide.

PayNovus AD

Bisser Manolov

This department oversees the planning, execution, and completion of projects to ensure they meet organizational goals and deadlines.

Project Management

This department oversees the governance and strategic direction of the organization through board members and executive leadership.

Board Management

This department handles financial analysis, accounting, and underwriting processes to manage fiscal responsibilities and risks.

Financial Services

This department manages financial strategies and assess risks to ensure the organization's financial health and stability.

Finance and Risk

This department focuses on managing strategic partnerships and overseeing project execution.

PayNovus AD

Org chart

Teams

Project Management

Board Management

Financial Services

Finance and Risk

Partnerships and Projects

Offices

PayNovus AD

Org chart

Teams

Project Management

Board Management

Financial Services

Finance and Risk

Partnerships and Projects

Offices

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