--- title: "A-Tono Payment Institute SPA · Payment institution (Bank of Italy) · Italy | Elucidate" description: "A-Tono Payment Institute SPA is authorised by Bank of Italy as a payment institution in Italy. Licence 09217250969. LEI 815600286E32659BFC36. Register status, licences, activities and ownership." url: https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e --- 1. [Directory](https://elucidate.co/directory) 2. [Italy](https://elucidate.co/directory/country/it) 3. A-Tono Payment Institute SPA Italy · Payments & e-money # A-Tono Payment Institute SPA Legal name in the LEI record A-TONO PAYMENT INSTITUTE S.P.A. A-Tono Payment Institute S.p.A. is a joint-stock company based in Milan. The Bank of Italy authorises it as a payment institution. It has been entered in the Bank of Italy's register of payment institutions under number 36064.4 since April 2016. Its sole shareholder is A-Tono S.r.l., which also directs and coordinates it. Under the DropPay brand it offers payment accounts, Mastercard debit cards, bill and PagoPA payments and card acceptance to consumers, businesses and public bodies in Italy. Register status Licensed in Italy Payment institution · Bank of Italy Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#licences) BIC **No BIC** LEI **[815600286E32659BFC36](https://search.gleif.org/#/record/815600286E32659BFC36)** [Licence no. **09217250969**](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#licences) ## Licences and registrations Held by A-Tono Payment Institute SPA (LEI 815600286E32659BFC36). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) Bank of Italy | Payment institutionPayment Institution | 09217250969 | [Italy](https://elucidate.co/directory/country/it) | Active | 2018-01-14 | — | - Payment services - Card acquiring - Payment initiation - Account information | [Search the register ↗](https://euclid.eba.europa.eu/register/pir/search) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary 100% A-Tono S.r.l. Firm type E-money and accounts Trades as DropPay - **Ownership:** A-Tono S.r.l. is the firm's sole shareholder with 100% and directs and coordinates it. - **Direct parent:** [A-Tono S.r.l. ↗](https://search.gleif.org/#/record/815600D8F5DA79548163), Italy 100% - **Head office:** Corso Buenos Aires 77, 20124 Milano, Italy - **Company register:** Registro delle Imprese di Milano, REA MI-2076312; codice fiscale 09217250969 ### Online - **Websites & references:** [drop-pay.com ↗](https://www.drop-pay.com/) [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) The firm's corporate and regulatory page on the A-Tono group site, which the firm names as its reference website [developers.drop-pay.com ↗](https://developers.drop-pay.com/) PSD2 gateway and developer area for third-party providers [payments.drop-pay.com ↗](https://payments.drop-pay.com/) Online payment portal (PagoPA and bill payments) - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/showcase/droppay/) · [X ↗](https://twitter.com/droppay) · [Facebook ↗](https://www.facebook.com/droppay/) · [Instagram ↗](https://www.instagram.com/drop_pay/) · [YouTube ↗](https://www.youtube.com/channel/UCAJBXzscnsCcDpoJQt9oV5A/videos) - **Apps:** [App Store ↗](https://droppay.app.link/liYPyVE91C) · [Google Play ↗](https://droppay.app.link/hqUeQ32U1C) · [appgallery.huawei.com ↗](https://appgallery.huawei.com/#/app/C103043881?channelId=WebSite&id=83a386b88b6146da93af92e4cfe4f1d9&s=1BA77C5DC678BF8FC5218ECA690ECD898EBDBD13CD677DCEC690AE465607B742&detailType=0&v=) Sources · 11 pages consulted 1. [a-tono.com/it/payment-institute](https://www.a-tono.com/it/payment-institute) 2. [drop-pay.com/](https://www.drop-pay.com/) 3. [drop-pay.com/documents/Foglio\_Informativo\_e\_Documento\_di\_Sintesi\_Servizio\_DropPay.pdf](https://www.drop-pay.com/documents/Foglio_Informativo_e_Documento_di_Sintesi_Servizio_DropPay.pdf) 4. [drop-pay.com/documents/Foglio\_Informativo\_e\_Documento\_di\_Sintesi\_Carta\_di\_Debito\_DropPay.pdf](https://www.drop-pay.com/documents/Foglio_Informativo_e_Documento_di_Sintesi_Carta_di_Debito_DropPay.pdf) 5. [drop-pay.com/documents/Condizioni\_Generali\_di\_Contratto\_Servizio\_DropPay.pdf](https://www.drop-pay.com/documents/Condizioni_Generali_di_Contratto_Servizio_DropPay.pdf) 6. [a-tono.com/it/people](https://www.a-tono.com/it/people) 7. [lei.bloomberg.com/leis/view/815600286E32659BFC36](https://lei.bloomberg.com/leis/view/815600286E32659BFC36) 8. [a-tono.com/it/news/con-tono-e-kolme-i-pagamenti-acquistano-un-nuovo-valore](https://www.a-tono.com/it/news/con-tono-e-kolme-i-pagamenti-acquistano-un-nuovo-valore) 9. [arenadigitale.it/2023/11/10/a-tono-pagamenti-made-in-italy-personalizzabili-facili-e-sicuri/](https://arenadigitale.it/2023/11/10/a-tono-pagamenti-made-in-italy-personalizzabili-facili-e-sicuri/) 10. [confcommerciomilano.it/it/impresa\_persona/convenzioni/convenzioni/banche/A-TONO/index.html](https://www.confcommerciomilano.it/it/impresa_persona/convenzioni/convenzioni/banche/A-TONO/index.html) 11. [drop-pay.com/documents/Relazione\_reclami\_2023.pdf](https://www.drop-pay.com/documents/Relazione_reclami_2023.pdf) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) - **Operates under:** Its own licences The Bank of Italy authorises the firm as a payment institution under Italy's Consolidated Banking Act (Legislative Decree 385/1993). The EBA register lists payment services, card acquiring, payment initiation and account information. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Bank of Italy (Banca d'Italia) Italy | Istituto di pagamento (Albo degli Istituti di Pagamento) | 36064.4 | In its own name | Active | [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) - **Safeguarding:** Segregated safeguarding accountsThe firm states that it holds all client funds, identified as third-party funds, in its own name at an unnamed credit institution, beyond the reach of its creditors. [drop-pay.com ↗](https://www.drop-pay.com/documents/Condizioni_Generali_di_Contratto_Servizio_DropPay.pdf) - **Payment schemes and card networks:** SEPA (SCT, SCT Inst, SDD) Access not stated [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) Swift Direct [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) Mastercard Direct [arenadigitale.it ↗](https://arenadigitale.it/2023/11/10/a-tono-pagamenti-made-in-italy-personalizzabili-facili-e-sicuri/) Visa Direct [arenadigitale.it ↗](https://arenadigitale.it/2023/11/10/a-tono-pagamenti-made-in-italy-personalizzabili-facili-e-sicuri/) Bancomat / PagoBancomat Direct [arenadigitale.it ↗](https://arenadigitale.it/2023/11/10/a-tono-pagamenti-made-in-italy-personalizzabili-facili-e-sicuri/) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) - Domestic payments - Debit cards - Merchant acquiring - Bill payments - Payment gateway - Mobile top-up - Account information (open banking) - Payment initiation (open banking) It offers DropPay payment accounts, Mastercard debit cards, SEPA transfers, PagoPA, F24 and bill payments, and card acceptance through DropPOS terminals. It serves customers in Italy, where it sends and receives euro payments within the SEPA area. - **Sells to:** Consumers · Small businesses · Enterprises · Public sector · Financial institutions - **Serves customers in:** Italy ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) - **Chair:** Giuseppe Granato Presidente del Consiglio di amministrazione Confirmed 29 Sep 2026 · [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) - **Chief executive:** Antonio Cristaldi Consigliere Delegato; Managing Director Confirmed 29 Sep 2026 · [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) - **Executive:** Orazio Granato Consigliere Delegato; A-Tono Group Chairman & Chief Executive Officer Confirmed 29 Sep 2026 · [a-tono.com ↗](https://www.a-tono.com/it/payment-institute) - **Chief financial officer:** Filippo Granato Chief Financial Officer (A-Tono group) Confirmed 29 Sep 2026 · [a-tono.com ↗](https://www.a-tono.com/it/people) ## Recent events Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/a-tono-payment-institute-spa-ec03d0f1010e#overview-sources) The research found no fines, investigations, security incidents, licence changes or corporate events from the last three years. Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **Licence no. · EBA-PSD2:** 09217250969 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [815600286E32659BFC36 ↗](https://search.gleif.org/#/record/815600286E32659BFC36) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** ec03d0f1010e ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Payment services - Card acquiring - Payment initiation - Account information - **Licensed in:** [Italy](https://elucidate.co/directory/country/it) · Europe & Central Asia - **First registered:** 2018-01-14 Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records - **Direct parent:** A-Tono S.R.L. · Italy[815600D8F5DA79548163 ↗](https://search.gleif.org/#/record/815600D8F5DA79548163) Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control. ## Addresses - **Address on the register:** CORSO BUENOS AIRES, 77, MILANO, 20124 - **Country:** Italy ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 815600286E32659BFC36 A-TONO PAYMENT INSTITUTE SPA 20124 MILANO IT CORSO BUENOS AIRES, 77 ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in Italy - [Buffetti Finance S.P.A. BIC SEPFIT31 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 07783020725 (EBA-PSD2) · LEI 9845001Y5046DZ9Q8315](https://elucidate.co/directory/buffetti-finance-s-p-a-sepfit31) - [Fabrick S.P.A. BIC AXEVIT22 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 02654890025 (EBA-PSD2) · LEI 815600E1EFC5260F4726](https://elucidate.co/directory/fabrick-s-p-a-axevit22) - [Hercle S.r.l. · trading as Hercle No BIC Payments & e-money Crypto Prudential licence Italy · Licensed by Bank of Italy · 10942550962 (EBA-PSD2) · also on ESMA-CASP · LEI 984500AEBA8A0HQ44988](https://elucidate.co/directory/hercle-s-r-l-406208777a1f) - [Monetic S.P.A. BIC MOECITR2 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 17934661004 (EBA-PSD2) · LEI 815600944FCC95982179](https://elucidate.co/directory/monetic-s-p-a-moecitr2) - [Tppay S.R.L. BIC TPPAITM2 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 12511320967 (EBA-PSD2) · LEI 815600001A6487168E37](https://elucidate.co/directory/tppay-s-r-l-tppaitm2) - [Xoldy S.P.A. BIC XOLDITM2 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 11932890962 (EBA-PSD2) · LEI 81560016DF740E487C02](https://elucidate.co/directory/xoldy-s-p-a-xolditm2) - [Zpay Srl BIC ZPAYIT22 Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 11865370966 (EBA-PSD2) · LEI 9845005BDVBFIA9EC546](https://elucidate.co/directory/zpay-srl-zpayit22) - [Admiral Pay Istituto DI Pagamento - Società A Responsabilità Limitata · trading as ADMIRAL PAY IP SRL No BIC Payments & e-money Prudential licence Italy · Licensed by Bank of Italy · 04335420404 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/admiral-pay-istituto-di-pagamento-societa-a-responsabilita-limitata-efac103ac4ba) [See all →](https://elucidate.co/directory/search?type=payments&cc=IT) [Other entries on EBA-PSD2 →](https://elucidate.co/directory/register/eba-psd2) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **EBA PSD2 Register**—European Banking Authority (EBA) · [source ↗](https://euclid.eba.europa.eu/register/pir/search) as at 25 September 2026 - **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI. - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.