providing a flexible payment processing platform Decta Limited (Ireland) is an electronic money institution authorized and regulated by the Central Bank of Ireland. Decta is focused on providing a flexible payment processing platform. The company offers card acceptance, merchant accounts, card processing, white-label cards issuing to companies.
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 3.08 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.26) |
| Product Range | Broad | (3.43) |
| Market Niche | Average | (2.67) |
| Company Background | Poor | (1.28) |
| Customer Support | Poor | (1.92) |
| Customer Sentiment | Good | (4.14) |
| Transparency | Average | (3.05) |
| Overall Rating | Average | (3.08) |
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TheBanks.eu has also identified the following pros and cons of the company:
Decta is neither registered with the Central Bank of Ireland (CBI) as a virtual asset services provider, nor offers any crypto assets services.
Since November 2020, Virtual Asset Service Providers are registered and supervised by the Central Bank of Ireland (CBI) for anti-money laundering and countering the financing of terrorism.
Decta Limited is not registered with the CBI as a virtual asset services provider.
Decta do not offer crypto assets services.
Ireland
Decta Limited is authorized by the Central Bank of Ireland as a e-money institution (reference number C491504) for issuance of electronic money, distribution and redemption 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 19 March 2024.
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.
Due to EEA passport rules Decta Limited, can conduct its activities in any of the 30 EEA member states. Decta Limited can provide its services toUK-based customers via Decta Limited (United Kingdom).
6th Floor, 2 Grand Canal Square, Dublin 2, Ireland
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