FAIR PAYMENTS LIMITED is an electronic money institution focused on payment cards and international transfers. FAIR PAYMENTS LIMITED offers international money transfers, currency exchange, travel cards, travel cash to individuals, businesses. Incorporated in the United Kingdom, FAIR PAYMENTS LIMITED is authorized and regulated by the Financial Conduct Authority. FAIR PAYMENTS LIMITED is doing business as FairFX.
Easy, breezy expenses
FAIR PAYMENTS 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.FAIR PAYMENTS cards are issued only as physical (plastic) cards and are delivered to the customer's address.
FairFX Prepaid Card is a single currency card, it can be issued in EUR, GBP, USD only.
|Euro Card||Dollar Card||Everywhere Card|
|Card Issue Fee||free||free||free|
|ATM Transaction Fee||0.75 EUR||1.00 USD||0.50 GBP|
FAIR PAYMENTS offers money transfers between more than 40 countries in more than 20 currencies. Money can be sent from bank accounts and received to bank accounts. Transfers made with FAIR PAYMENTS are usually completed within 0-2 days.
FAIR PAYMENTS do not conduct operations with cryptocurrencies.
FAIR PAYMENTS LIMITED is authorized by the Financial Conduct Authority (reference number 900493) for issuance of electronic money, refund 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. The authorization was granted on 21 May 2018.
Due to EEA passport rules FAIR PAYMENTS LIMITED, can conduct its activities in any of the 31 EEA member states. FAIR PAYMENTS LIMITED do not participate in deposit guarantee schemes.
FAIR PAYMENTS LIMITED is connected to MasterCard payment card scheme.