Imagor (Belgium) is an electronic money institution authorized and regulated by the National Bank of Belgium. Imagor is focused on issuing payment cards for XXImo. The company offers prepaid cards to natural persons. In 2023 Imagor had total assets of 858.44 mln EUR, and generated net income of 2.11 mln EUR.
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
Imagor is authorized by the National Bank of Belgium as a e-money institution 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 18 June 2013.
Funds Safeguarding
Yes
Deposit Guarantee
No
Imagor 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, Imagor is required to safeguard its customers’ money.
EEA Passport
Yes
Due to EEA passport rules Imagor, can conduct its activities in any of the 30 EEA member states.
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