Decta Limited

Decta Limited Logo
TheBanks.eu Rating
Good  (3.82)
providing a flexible payment processing platform

Decta Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. Decta is focused on providing a flexible payment processing platform. The company offers accepting card payments with merchant account, merchant acquiring, service for credit card and payment processing, white-label card issuing and processing services to organizations. In 2023 Decta Limited had total assets of 15.92 mln GBP, and generated net income of 3.23 mln GBP. During 2023 the company had 12 employees in average.


Company Profile Content


Solutions

accepting card payments with merchant account
merchant acquiring
service for credit card and payment processing
white-label card issuing and processing services

Clients

organizations

Card Providers

  • MasterCard
  • Visa

TheBanks.eu Review

  13 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, Decta Limited is assigned the overall rating 3.82 (good) which is explained in details below.

Operating EnvironmentVery Friendly (4.81)
Product RangeBroad (4.18)
Market NicheNarrow (2.48)
Company BackgroundStrong (3.95)
Customer SupportPoor (1.92)
Customer SentimentGood (4.14)
TransparencyAverage (3.39)
Overall RatingGood (3.82)

TheBanks.eu has also identified the following pros and cons of the company:

Pros

 Broad product range
 Good customer sentiment
 Strong company background

Cons

 Poor customer support
 Narrow market niche

Decta White-Label Solutions

Decta White-Label Solutions
White-Label Options
White-Label Banking
White-Label Cards
Customization
Company Logo
Card Design
Cooperation Options
Reseller Agreement
Dedicated IBAN
not available
UK Account Number
not available

Banking as a Service Features

Mastercard, Visa, UPI card issuing
Automated omnichannel customer service platform
Automated digital onboarding and KYC
AML scoring, credit scoring and fraud management
Payment gateway
General ledger

Issued Cards

Decta offers issuance of the following card types:

physical
virtual
reloadable
non-reloadable

Card Providers

Customer Groups

Supported Platforms

Web interfaceWeb interface
Mobile appMobile app

Cooperation Options

Reseller Agreement. A private reseller agreement is signed between Decta and the company.

See Also

Decta Crypto Assets Support

Decta is neither registered with the Financial Conduct Authority (FCA) as a crypro asset firm, nor offers any crypto assets services.

FCA Registration

No

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.

Decta Limited is not registered with the FCA as a crypro asset firm.

Crypto Assets Services

No

Decta do not offer crypto assets services.

See Also

Financial Highlights

Decta Limited Total Assets
Decta Limited Net Income
GBP20222023change (%)
Total Assets18,135,819.0015,920,626.00-12.21%
Revenue49,508,943.0038,168,499.00-22.91%
Gross Profit14,390,250.008,217,974.00-42.89%
Net Income8,802,746.003,229,005.00-63.32%

See Also

Market Share

Decta Limited Competitors
Decta Limited Market Share
RankNameMarket %Total Assets
78 (-4 ) Opay Holding Limited0.06 %18.52 mln GBP   (+8.07%)
79 (-13 ) Decta Limited0.06 %18.14 mln GBP   (-12.88%)
80 Luxon Payments Limited0.05 %16.26 mln GBP   (+11.75%)

See Also

Company Details

Country of Registration
GBUnited Kingdom
Company Number
09926210
BIC
DCTTGB22
Authorized By
Financial Conduct Authority
Authorization Type
E-Money Institution
Reference Number
900592
Authorization Granted
18 April 2018
Authorized Activities
issuance 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
execution of payment transactions via telecoms, IT system or network operator
account information services
payment initiation services

Decta Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900592) for issuance 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, execution of payment transactions via telecoms, IT system or network operator; the authorization was granted on 18 April 2018.

Funds Safeguarding
Yes
Deposit Guarantee
No

Decta Limited 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, Decta is required to safeguard its customers’ money.

EEA Passport
No

Since January 2021, Decta Limited can not conduct its activities in EEA member states. Decta Limited keeps providing its services to EEA-based customers via DECTA LIMITED (Cyprus), Decta Limited (Ireland).

See Also

Membership

SWIFT
SEPA

Decta Limited is a SWIFT member and a SEPA (SCT) scheme participant.

MasterCard
Visa

Decta Limited is connected to the following major payment card schemes: MasterCard, Visa.

See Also

Contacts

addressSuite 3 Third Floor 62 Bayswater Road, W2 3PH, London, United Kingdom
phone+44 2037509957
Website Languages
GBEnglish
RURussian

Social Networks

Decta has profiles on the following social networks:

Customer Support

FAQ / Help Center
E-Mail / Contact Form
Live Chat
Phone
Account Manager
Multi-Lingual

Transparency

About Us / Company
Owners / Shareholders
Pricing
Management Team

See Also

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