providing payment and card processing services eCOMM Merchant Solutions Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. eCOMM Merchant Solutions is focused on providing payment and card processing services. The company offers card terminals, online payment platform, 'over-the-phone’ payments for merchants to merchants. In 2022 eCOMM Merchant Solutions Limited had total assets of 3.70 mln EUR, and generated net income of -335,679.00 EUR.
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, eCOMM Merchant Solutions Limited is assigned the overall rating 2.72 (average) which is explained in details below.
| Operating Environment | Very Friendly | (4.81) |
| Product Range | Narrow | (1.54) |
| Market Niche | Narrow | (2.29) |
| Company Background | Strong | (3.40) |
| Customer Support | Good | (3.43) |
| Customer Sentiment | n/a | |
| Transparency | Average | (2.88) |
| Overall Rating | Average | (2.72) |
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TheBanks.eu has also identified the following pros and cons of the company:
eCOMM Merchant Solutions 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.
eCOMM Merchant Solutions Limited is not registered with the FCA as a crypro asset firm.
eCOMM Merchant Solutions do not offer crypto assets services.
| EUR | 2021 | 2022 | change (%) |
|---|---|---|---|
| Total Assets | 3,869,167.00 | 3,698,028.00 | -4.42% |
| Revenue | 1,689,361.00 | 2,103,218.00 | +24.50% |
| Gross Profit | 597,676.00 | 1,027,795.00 | +71.97% |
| Net Income | -24,350.00 | -335,679.00 | +1,278.56% |
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 121 (-8) |  Dzing Finance Ltd | 0.01 % | 3.55 mln GBP (+11.42%) |
| 122 (-12) | eCOMM Merchant Solutions Limited | 0.01 % | 3.70 mln EUR (-4.42%) |
| 123 (+7) |  BNKPro Ltd | 0.01 % | 3.09 mln GBP (+68.84%) |
United KingdomeCOMM Merchant Solutions Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900591) 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, granting of credit related to execution of payment transactions on a payment account; the authorization was granted on 2 May 2018.
eCOMM Merchant Solutions 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, eCOMM Merchant Solutions is required to safeguard its customers’ money.
Since January 2021, eCOMM Merchant Solutions Limited can not conduct its activities in EEA member states.
36 Carnaby Street, W1F 7DR, London, United Kingdom
+44 207 534 8040EnglisheCOMM Merchant Solutions has profiles on the following social networks:
Bulgaria
United Kingdom
United Kingdom
Cyprus
United Kingdom
Bulgaria
