Mercedes pay S.A. is an electronic money institution focused on payment solutions for Daimler Group brands. Mercedes pay S.A. offers e-wallet accounts, payment processing to Daimler customers. Incorporated in Luxembourg, Mercedes pay S.A. is authorized and regulated by the Commission de Surveillance du Secteur Financier.
Mercedes pay S.A. do not conduct operations with cryptocurrencies.
Mercedes pay S.A. is authorized by the Commission de Surveillance du Secteur Financier (reference number W00000003) for execution of payment transactions on a payment account (not covered by a credit line). The authorization was granted on 3 May 2012.
Due to EEA passport rules Mercedes pay S.A., can conduct its activities in any of the 31 EEA member states. Mercedes pay S.A. do not participate in deposit guarantee schemes.