EasyPay AD

EasyPay AD Logo
TheBanks.eu Rating
Average  (3.32)
providing payment services

EasyPay AD (Bulgaria) is an electronic money institution authorized and regulated by the Bulgarian National Bank. EasyPay is focused on providing payment services. The company offers domestic money transfers, mass payments, e-wallet accounts, prepaid cards, IBAN accounts to individuals, legal entities.


Company Profile Content


Products

e-wallet accounts
prepaid cards
IBAN accounts

Services

domestic money transfers
mass payments

Clients

individuals
legal entities

Area Served

BG Bulgaria

Key Benefits

Pay your bills in one place

Pay your utility bills in the EasyPay offices

Send and receive money instantly

EasyPay card completely free of charge

(*)as stated by the company itself

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, EasyPay AD is assigned the overall rating 3.32 (average) which is explained in details below.

Operating EnvironmentFriendly (3.58)
Product RangeAverage (3.05)
Market NicheAverage (3.05)
Company BackgroundStrong (3.51)
Customer SupportGood (3.43)
Customer Sentimentn/a
TransparencyAverage (2.88)
Overall RatingAverage (3.32)

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

Pros

 Strong company background
 Good customer support

Cons

n/a

Personal Payment Account

Personal Payment Account
Currency
BGN
Payment Cards
physical
virtual
Dedicated IBAN
available (BG IBAN)
UK Account Number
not available
Customer Groups
Based in Bulgaria
Pricing Plans
single for all customers
Account Access
web application
mobile application

Advantages

No account maintenance fees

No fees for making transfers to another account at EasyPay

Low fees for transfers to accounts in other banks or payment institution

No requirement to maintain a minimum balance in your account

Receive or make transfers in BGN

Receive your salary or pension, pay utility bills

(*)as stated by the company itself

Currency

Personal Payment Account is a single-currency account, allowing the account holder to have funds in BGN only.

BGBGN (Bulgarian lev)

Payment Cards

A payment card can be ordered together with Personal Payment Account.

International Transfers

IBAN Countries

Dedicated IBANs assigned to Personal Payment Account belong to Bulgaria.

Customer Groups

Personal Payment Account is offered to Based in Bulgaria.

Pricing Plans

Personal Payment Account is offered with a single pricing plan for all customers.

  • Personal
  • offered to: Based in Bulgaria
  • Monthly Fee 0.00 BGN

Alternatives to EasyPay Personal Payment Account

See Also

Business Payment Account

Business Payment Account
Currency
BGN
Payment Cards
physical
virtual
Dedicated IBAN
available (BG IBAN)
UK Account Number
not available
Customer Groups
Based in Bulgaria
Pricing Plans
single for all customers
Account Access
web application
mobile application

Advantages

No account maintenance fees

No fees for making transfers to another account at EasyPay

Low fees for transfers to accounts in other banks or payment institution

No requirement to maintain a minimum balance in your account

Receive or make transfers in BGN

Bulk payments

(*)as stated by the company itself

Currency

Business Payment Account is a single-currency account, allowing the account holder to have funds in BGN only.

BGBGN (Bulgarian lev)

Payment Cards

A payment card can be ordered together with Business Payment Account.

International Transfers

IBAN Countries

Dedicated IBANs assigned to Business Payment Account belong to Bulgaria.

Customer Groups

Business Payment Account is offered to Based in Bulgaria.

Pricing Plans

Business Payment Account is offered with a single pricing plan for all customers.

  • Business
  • offered to: Based in Bulgaria
  • Monthly Fee 0.00 BGN

Alternatives to EasyPay Business Payment Account

See Also

Operations with Cryptocurrencies

No

EasyPay do not conduct operations with cryptocurrencies.

See Also

Company Details

Country of Registration
BGBulgaria
Company Number
131344648
BIC
ESPYBGS1
Authorized By
Bulgarian National Bank
Authorization Type
E-Money Institution
Authorization Granted
25 October 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
account information services
payment initiation services

EasyPay AD is authorized by the Bulgarian National Bank as a e-money institution 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 25 October 2018.

Funds Safeguarding
Yes
Deposit Guarantee
No

EasyPay AD 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, EasyPay is required to safeguard its customers’ money.

EEA Passport
Yes

Due to EEA passport rules EasyPay AD, can conduct its activities in any of the 30 EEA member states.

See Also

Membership

SWIFT
SEPA

EasyPay AD is a SWIFT member and a SEPA (SCT) scheme participant.

See Also

Contacts

address16 Ivan Vazov str., Sredets dist., 1000, Sofia, Bulgaria
phone+359 2 4678678
fax+359 2 987 91 31
Website Languages
BGBulgarian
GBEnglish

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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See Also

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