providing payment cards and e-wallets GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. (Spain) is an electronic money institution authorized and regulated by the Banco de España. GLOBAL PAYMENTS MONEYTOPAY, EDE is focused on providing payment cards and e-wallets. The company offers prepaid cards, gift cards to individuals. GLOBAL PAYMENTS MONEYTOPAY is doing business as MoneyToPay. MoneyToPay also promotes its products and services viaCaixaBank in Spain and Banco BPI in Protugal.
SpainThe prepaid card you were looking for, safe, easy and simple
Manage your cards, recharge them and pay with your mobile
Prepaid card without a bank account or procedures
Download our app, register in 2 minutes and start enjoying
Control of your expenses
Block your card instantly from the app and prevent any fraudulent use in case of loss or theft
Make any purchase or payment online, with complete security and without being linked to a bank account
(*)as stated by the company itself
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, GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. is assigned the overall rating 2.63 (average) which is explained in details below.
| Operating Environment | Friendly | (3.74) |
| Product Range | Focused | (2.29) |
| Market Niche | Narrow | (1.92) |
| Company Background | Average | (3.01) |
| Customer Support | Average | (2.67) |
| Customer Sentiment | n/a | |
| Transparency | Average | (2.88) |
| Overall Rating | Average | (2.63) |
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TheBanks.eu has also identified the following pros and cons of the company:
MoneyToPay 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 ore-wallet. Such cards 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.
MoneyToPay cards are issued only as physical (plastic) cards and are delivered to the customer's address.MoneyToPay Card is a single currency card, it can be issued in EUR only.
EUR (Euro)GLOBAL PAYMENTS MONEYTOPAY, EDE do not conduct operations with cryptocurrencies.
Spain
GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. is authorized by the Banco de España as a e-money institution (reference number 6702) 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), issuing payment instruments or acquiring payment transactions; the authorization was granted on 15 March 2019.
GLOBAL PAYMENTS MONEYTOPAY, EDE, S.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, GLOBAL PAYMENTS MONEYTOPAY, EDE is required to safeguard its customers’ money.
Due to EEA passport rules GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L., can conduct its activities in any of the 30 EEA member states.
GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. is a SWIFT member.
GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. is connected to Visa payment card scheme.
AV MANOTERAS 20, 28050, MADRID, Spain
934047240
934111464SpanishGLOBAL PAYMENTS MONEYTOPAY, EDE has profiles on the following social networks:
Estonia
Lithuania
Lithuania
Ireland
Czech Republic
LithuaniaNo. GLOBAL PAYMENTS MONEYTOPAY, EDE, S.L. is not a bank, but an electronic money institution authorized and supervised by the Banco de España (ref number: 6702).
"EDE" is an abbreviation for Spanish "Entidad de Dinero Electrónico", literallymeaning "Electronic Money Entity" or "E-Money Institution"."SL" is a company legal from "Sociedad Limitada", close to "Private Limited Company".
MoneyToPay is a joint venture of CaixaBank (Spain) and Global Payments (United States).
