Entropay Limited is an electronic money institution focused on fast online payments, providing payment cards. Entropay Limited offers virtual accounts, prepaid cards. In 2018 Entropay Limited had total assets of 30.56 mln GBP, Entropay Limited generated net income of 2.21 mln GBP. Incorporated in the United Kingdom, Entropay Limited is authorized and regulated by the Financial Conduct Authority. Entropay has ceased providing its services on 1 July 2019. Agreements with the customers were terminated according to clause 11 of the Entropay Terms and Conditions. Withdrawals from customer accounts can only be made by contacting Entropay by email on [email protected] before 1 July 2025.
Entropay has ceased providing its services on 1 July 2019.
Entropay cards are prepaid cards, rather than debit cards.
Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.Entropay cards are issued only as virtual cards.
EntroPay Prepaid Virtual Visa Card is a single currency card, it can be issued in GBP only.
|EntroPay Virtual Card|
|Card Loading Fee||3.00 GBP|
*) EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.
Entropay do not conduct operations with cryptocurrencies.
Entropay Limited is authorized by the Financial Conduct Authority (reference number 900800) for 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. The authorization was granted on 23 March 2018.
Due to EEA passport rules Entropay Limited, can conduct its activities in any of the 31 EEA member states. Entropay Limited do not participate in deposit guarantee schemes.
Entropay Limited is a SWIFT member.
Entropay Limited is connected to Visa payment card scheme.