EDENRED ITALIA FIN S.R.L. (Italy) was an electronic money institution authorized and regulated by the Bank of Italy. EDENRED ITALIA FIN was focused on expense management, business payment cards. The company offered prepaid corporate cards, prepaid employee cards, prepaid fuel cards, expense control platform to businesses.
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
EDENRED ITALIA FIN S.R.L. is authorized by the Bank of Italy as a e-money institution for issuance of electronic money, distribution and redemption of electronic money; the authorization was granted on 14 January 2018 and revoked on 10 November 2022.
Funds Safeguarding
Yes
Deposit Guarantee
No
EDENRED ITALIA FIN S.R.L. 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, EDENRED ITALIA FIN is required to safeguard its customers’ money.
EEA Passport
Yes
Due to EEA passport rules EDENRED ITALIA FIN S.R.L., can conduct its activities in any of the 30 EEA member states.
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