NUMIA S.P.A. (Italy) is an electronic money institution authorized and regulated by the Bank of Italy. NUMIA is focused on payment cards and merchant services. The company offers card issuing, POS terminals, POS systems, card acceptance to companies, merchants.
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, NUMIA S.P.A. is assigned the overall rating 2.58 (poor) which is explained in details below.
Operating Environment | Friendly | (3.60) |
Product Range | Focused | (2.29) |
Market Niche | Narrow | (2.48) |
Company Background | Poor | (1.97) |
Customer Support | Average | (2.67) |
Customer Sentiment | n/a | |
Transparency | Average | (3.05) |
Overall Rating | Poor | (2.58) |
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TheBanks.eu has also identified the following pros and cons of the company:
NUMIA do not conduct operations with cryptocurrencies.
NUMIA S.P.A. is authorized by the Bank of Italy as a e-money institution for issuance of electronic money, distribution and redemption of electronic money, 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 12 October 2021.
NUMIA S.P.A. 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, NUMIA is required to safeguard its customers’ money.
Due to EEA passport rules NUMIA S.P.A., can conduct its activities in any of the 30 EEA member states.
NUMIA S.P.A. is a SWIFT member and a SEPA (SCT, SDD, SDD B2B) scheme participant.