POCKIT LIMITED is an electronic money institution focused on payment cards and current accounts. POCKIT LIMITED offers UK accounts with sort code, debit cards, prepaid cards to individuals. Incorporated in the United Kingdom, POCKIT LIMITED is authorized and regulated by the Financial Conduct Authority.
Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are 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.POCKIT cards are issued only as physical (plastic) cards and are delivered to the customer's address.
|Online Payments Fee||free|
|In-store Payments Fee||free|
|ATM Withdrawal Fee||in the UK: 0.99 GBP|
outside the UK: 2.99 GBP
|Currency Exchange Fee||4.00 %|
POCKIT do not conduct operations with cryptocurrencies.
POCKIT LIMITED is authorized by the Financial Conduct Authority (reference number 900855) for issuance of electronic money, refund 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. The authorization was granted on 10 December 2018.
Due to EEA passport rules POCKIT LIMITED, can conduct its activities in any of the 31 EEA member states. POCKIT LIMITED do not participate in deposit guarantee schemes.
POCKIT LIMITED is connected to MasterCard payment card scheme.