prepaid cards and IBAN issuing Authoripay Emoney Ltd (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Authoripay Emoney is focused on prepaid cards and IBAN issuing. The company offers prepaid cards issuing, IBAN issuing, open banking to HNW individuals, financial institutions. In 2023 Authoripay Emoney Ltd had total assets of 327,657.00 GBP.
Canada
European Union
United Kingdom
United States13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, Authoripay Emoney Ltd is assigned the overall rating 3.26 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Average | (3.05) |
| Market Niche | Broad | (3.62) |
| Company Background | Average | (3.36) |
| Customer Support | Good | (3.43) |
| Customer Sentiment | n/a | |
| Transparency | Low | (2.53) |
| Overall Rating | Average | (3.26) |
|---|
TheBanks.eu has also identified the following pros and cons of the company:
Authoripay Emoney is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.
From January 2020, firms carrying out specific cryptoasset activities in the United Kingdom need to comply with the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs) and to register with the FCA.
Authoripay Emoney Ltd is not registered with the FCA as a crypro asset firm.
Authoripay Emoney do not offer crypto assets services.
| GBP | 2022 | 2023 | change (%) |
|---|---|---|---|
| Total Assets | 326,490.00 | 327,657.00 | +0.36% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 201 (-14) |  Andaria Financial Services UK Limited | 0.00 % | 340,014.00 GBP (-11.21%) |
| 202 (+21) | Authoripay Emoney Ltd | 0.00 % | 326,490.00 GBP (+1,552.70%) |
| 203 (-3) |  REMITTANCE360 LTD | 0.00 % | 365,485.00 EUR (-4.56%) |
United KingdomAuthoripay Emoney Ltd is authorized by the Financial Conduct Authority as a e-money institution (reference number 931425) for issuance of electronic money, distribution and redemption of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, account information services, payment initiation services; the authorization was granted on 7 February 2020.
Authoripay Emoney Ltd is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Authoripay Emoney is required to safeguard its customers’ money.
Since January 2021, Authoripay Emoney Ltd can not conduct its activities in EEA member states.
Authoripay Emoney Ltd is connected to MasterCard payment card scheme.
Milton Hill Ely Road Cambridge, CB24 6WZ, Cambridge, United Kingdom
+44 122 382 8267English
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
