A UK EMI license enables the issuance of e money, execution of payment transactions, issuance of payment instruments, acquiring, IBAN services, and related capabilities.
Through an agency relationship with partner, the platform has permission to conduct operations across all EU countries.
The entity is a principal member of Visa, Mastercard, and American Express, enabling direct scheme issuing, acquiring, and settlement.
Safeguarding accounts are held with Allied Irish Bank.
Licensed Activities:
Services enabling cash placement on a payment account and cash withdrawals from a payment account
Execution of payment transactions (not covered by a credit line)
Execution of payment transactions (covered by a credit line)
Issuing payment instruments or acquiring payment transactions
Money remittance
Execution of payment transactions via telecoms, IT system or network operator
Issuing Electronic Money
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