GVS Prepaid Limited (United Kingdom) is an electronic money institution authorized and regulated by the Financial Conduct Authority. GVS (Gift Voucher Shop) Prepaid is focused on issuing gift cards for UK and Ireland customers. The company offers gift cards, reloadable cards to natural persons, companies. In 2023 GVS Prepaid Limited had total assets of 213.99 mln GBP, and generated net income of 5.53 mln GBP. GVS Prepaid was acquired by Blackhawk Network.
GVS Prepaid 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.
GVS Prepaid Limited is not registered with the FCA as a crypro asset firm.
GVS Prepaid do not offer crypto assets services.
GBP | 2022 | 2023 | change (%) |
---|---|---|---|
Total Assets | 200,436,115.00 | 213,994,743.00 | +6.76% |
Turnover | 2,568,021.00 | 2,818,777.00 | +9.76% |
Net Income | 2,044,505.00 | 5,526,092.00 | +170.29% |
Rank | Name | Market % | Total Assets |
---|---|---|---|
28 (+6) | SumUp Payments Limited | 0.63 % | 230.71 mln EUR (+81.69%) |
29 () | GVS Prepaid Limited | 0.62 % | 200.44 mln GBP (+17.47%) |
30 (-4) | Alpha FX Limited | 0.60 % | 195.06 mln GBP |
GVS Prepaid Limited is authorized by the Financial Conduct Authority as a e-money institution (reference number 900230) 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; the authorization was granted on 9 March 2018.
GVS Prepaid 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, GVS Prepaid is required to safeguard its customers’ money.
Since January 2021, GVS Prepaid Limited can not conduct its activities in EEA member states. GVS Prepaid Limited keeps providing its services to EEA-based customers via GVS Prepaid (Europe) Limited (Ireland).
GVS Prepaid Limited is connected to Visa payment card scheme.
GVS Prepaid Limited is a e-money institution authorized by the Financial Conduct Authority (United Kingdom). GVS Prepaid issues prepaid and gift cards to UK customers, the cards are issued under One4All brand.
In 2018, GVS Prepaid was acquired by Blackhawk Network, a global financial technology company which sells branded physical and digital gifts, phones, prepaid debit, and incentives cards online and through a network of global retailers.