The AIM-listed firm said the FCA licence ensures the conditions for its partners to offer alternative payments more comprehensively, for all types of goods across Europe.
Bango said the latest European Payment Services Directive (PSD2) underpins a well-regulated payments ecosystem to stimulate the next wave of online services.
The mobile commerce company said: “Today’s announcement demonstrates the strong position Bango has in payments, and its commitment to supporting payments diversity and choice, while maintaining first-class standards in compliance.”
Bango said it has established a global market leadership position in alternative payments.
“Thousands of digital merchants benefit from Bango technology when customers pay for their products through online stores, such as the Google Play store for Android smartphones and other connected devices, and Microsoft Store for Xbox and PC,” the company said.
"Amazon uses the Bango Platform to extend customer payment choice for retail goods and services in Japan, and to offer the Prime subscription service in India," Bango added.
In late morning trading, Bango's shares rose 2.6% to 174.50p.