On June 26 2020, Financial Conduct Authority of the United Kingdom (FCA) ordered Wirecard Card Solutions Ltd to cease all regulated activity after its parent company, Wirecard AG, filed for insolvency in Germany. Wirecard Card Solutions has temporarily suspended its electronic money issuing, card issuing and acquiring business.
E-money institutions offering payment cards either issue the cards themselves (for example, Transferwise and Paysera) or use card issuing services from third-party companies like Wirecard Card Solutions Ltd, Contis Financial Services Ltd or Decta Limited. E-money institutions using Wirecard Card Solutions services were affected by the FCA's decision and had to suspend customer cards transactions and make customer accounts temporarily inaccessible.
EMI Name | Country | Card Name | Card Type | Card Provider |
---|---|---|---|---|
POCKIT LIMITED | United Kingdom | Pockit Card | debit | MasterCard |
Valyuz UAB | Lithuania | Personal Card | prepaid | MasterCard |
Valyuz UAB | Lithuania | Business Card | prepaid | MasterCard |
Dzing Finance Ltd | United Kingdom | Dzing Personal Card | debit | MasterCard |
Glint Pay Services Ltd | United Kingdom | Glint Personal Card | prepaid | MasterCard |
MOONEY S.P.A. | Italy | Prepaid Card | prepaid | MasterCard |
TenX Payments Europe AG | Liechtenstein | TenX Payment Card | prepaid | Visa |
POCKIT LIMITED (United Kingdom) was an electronic money institution authorized and regulated by the Financial Conduct Authority. POCKIT was focused on payment cards and current accounts. The company offered UK accounts with sort code, debit cards, prepaid cards to individuals. In 2022 POCKIT LIMITED had total assets of 2.04 mln GBP.
Pockit Card is a single currency card, it can be issued in GBP only.
Wirecard Card Solutions Ltd
Pockit Card | |
---|---|
Online Payments Fee | free |
In-store Payments Fee | free |
ATM Withdrawal Fee | in the UK: 0.99 GBP outside the UK: 2.99 GBP |
Currency Exchange Fee | 4.00 % |
Valyuz UAB (Lithuania) is an electronic money institution authorized and regulated by the Bank of Lithuania. Valyuz is focused on providing alternatives to traditional banking. The company offers SEPA transfers, SWIFT transfers, ACH transfers, currency exchange, debit cards, personal virtual accounts with IBAN, business virtual accounts with IBAN to individuals, businesses. In 2023 Valyuz UAB total safeguarded customer funds were 53.93 mln EUR and revenue was 4.03 mln EUR.
Personal Card is a single currency card, it can be issued in EUR only.
Wirecard Card Solutions Limited
Dzing Finance Ltd (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Dzing Finance is focused on providing payment cards and IBAN accounts. The company offers UK current accounts with sort codes, current accounts with IBAN, debit cards, virtual cards, virtual disposable cards, white-label banking to individuals. In 2022 Dzing Finance Ltd had total assets of 3.55 mln GBP, and generated net income of -5,868,086.00 GBP. During 2022 the company had 20 employees in average.
Dzing Personal Card is a single currency card, it can be issued either in EUR or in GBP.
Wirecard Card Solutions Ltd
Dzing Core | Dzing Premium | Dzing Elite | |
---|---|---|---|
Main Card Issuing Fee | free | free | free |
Main Card Delivery Fee | free | free | free |
Additional Card Issuing Fee | 3,99 GBP | free | free |
Additional Card Delivery Fee | 9,99 GBP | free | free |
ATM Withdrawal Fee | up to 200 EUR: free above: 1.00 GBP + 1.00% | up to 400 EUR: free above: 0.50 GBP + 0.50% | up to 600 EUR: free above: 0.50 GBP + 0.00% |
Glint Pay Services Ltd (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Glint Pay Services is focused on providing buy/sell gold operations using Glint MasterCard cards. The company offers Glint virtual accounts to buy/sell physical gold, Glint MasterCard cards. In 2022 Glint Pay Services Ltd had total assets of 8.37 mln GBP, and generated net income of -1,041,969.00 GBP. During 2022 the company had 0 employees in average.
Glint Personal Card is a multi-currency card,the funds can be held in different currencies at the same time.
Wirecard Card Solutions Ltd
Mooney traces its roots back to 2002 when Sisal (renamed to SisalPay) started offering payments, top-ups to natural persons in Italy. In 2019, Mooney was created as a joint venture of SisalPay and Banca 5 (Intesa Sanpaolo Group). In 2022, Intesa Sanpaolo and Enel acquired Mooney. MOONEY S.P.A. (Italy) is an electronic money institution authorized and regulated by the Bank of Italy. MOONEY is focused on providing IBAN accounts and payment cards. The company offers personal accounts with IBAN, prepaid cards.
Prepaid Card is a single currency card, it can be issued in EUR only.
Wirecard Card Solutions Ltd
TenX Payments Europe AG (Liechtenstein) was an electronic money institution authorized and regulated by the Financial Market Authority. TenX Payments Europe was focused on providing crypto e-wallets and payment cards. The company offered crypto e-wallets, payment cards, cryptocurrency exchange to natural persons.
TenX Payment Card is a single currency card, it can be issued in EUR only.
Wirecard Card Solutions Ltd