CNOVA PAY is an electronic money institution focused on payment solutions for Cnova network. Incorporated in France, CNOVA PAY is authorized and regulated by the Banque de France.
CNOVA PAY do not conduct operations with cryptocurrencies.
CNOVA PAY is authorized by the Banque de France (reference number 78191) for issuance of electronic money, refund of electronic money, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions. The authorization was granted on 26 November 2019.
Due to EEA passport rules CNOVA PAY, can conduct its activities in any of the 31 EEA member states. CNOVA PAY do not participate in deposit guarantee schemes.