A payment provider under active regulatory supervision
The Organismo Agenti e Mediatori (OAM) is the Italian authority that supervises transparency and compliance across financial and payment service providers. Daevon is officially registered with it.
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The OAM licence, explained
Legislative Decree 141/2010 established the OAM (Organismo degli Agenti e dei Mediatori) to supervise operators in Italy's credit and payment services sector. Anyone distributing financial services on Italian soil has to register — it isn't optional.
Holding the licence means proving integrity, professionalism and organisational soundness, checked through periodic reviews. Operators that fall short can be struck off the register.
Without OAM registration, you can't act as an agent or distributor for payment institutions authorised by the Bank of Italy: it's the first legal box to tick — for the operator and for anyone relying on them.
Why the OAM licence matters for anyone handling payments
A legal requirement, not a nice-to-have
Under Legislative Decree 141/2010, every payment services agent must register with the OAM. Operating without it counts as unlawful financial activity — with direct consequences for anyone working with an unregistered operator.
Ongoing checks, not a one-off stamp
The OAM keeps monitoring its registrants over time, checking they still meet requirements and deal fairly with clients. That ongoing control protects operator and end customer alike.
A prerequisite banks and partners check first
Before any commercial relationship starts, banks, payment institutions and enterprise clients check OAM registration first. Partnering with a registered operator lowers reputational and legal risk for everyone involved.
OAM compliance, step by step
Documentation ready at all times
Daevon keeps its OAM registration active and current, and holds every document regulation requires ready for checks and audits.
Staff trained on AML and PSD2
Everyone involved in distributing our payment services completes mandatory training on anti-money laundering, PSD2 regulation and consumer protection.
Internal AML and KYC controls
Daevon runs internal customer due diligence (KYC/AML), reports suspicious transactions and handles complaints in line with OAM and Bank of Italy directives.
A direct line to regulators
Daevon responds promptly to information requests from the OAM and Bank of Italy and takes part in sector initiatives, keeping the relationship transparent on both sides.
What this actually means for your business
Zero exposure to unauthorised operators
An OAM-registered operator keeps you away from the risk of dealing with unauthorised entities — no penalties, no legal liability for your company.
Faster banking onboarding
Banks and payment institutions always start due diligence with OAM verification. Daevon's registration is already in place, so activation for your clients moves faster.
Open doors to enterprise and public tenders
In public tenders and B2B selection processes, OAM compliance is often a pass/fail criterion. With Daevon, that box is already ticked.
End customers protected by regulation
OAM supervision keeps every operation within regulation, protecting the rights and data of the consumers using your payment services.
Registered vs. unregistered: the real difference
| With Daevon (OAM Registered) | Without OAM registration | |
|---|---|---|
| Authorisation | Verified and authorised by OAM | Exposed to unlawful-activity risk under art. 131-ter TUB |
| Oversight | Checked periodically by OAM and Bank of Italy | No institutional oversight at all |
| Anti-money laundering | KYC/AML procedures aligned with regulation | No obligation to run customer due diligence |
| Consumer protection | Complaints handled under regulatory protocols | No guarantee of contractual transparency |
Common questions about the OAM licence
What does the OAM actually do for payment services?
How can I verify that Daevon is actually registered with the OAM?
What happens if I work with an operator that isn't OAM-registered?
Does OAM oversight extend to digital payment services?
Work with a payment provider that's actually authorised
Daevon operates as an OAM-registered payment provider, compliant with regulation and under institutional supervision.
Chiara
Daevon Support