SEQR Payments AB (Sweden) was an electronic money institution authorized and regulated by the Swedish Financial Supervisory Authority. SEQR Payments was focused on providing mobile payment application. The company offered contactless payments, sending money using mobile phone number, payment processing platform to natural persons, online merchants.
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
SEQR Payments AB is authorized by the Swedish Financial Supervisory Authority as a e-money institution (reference number 45024) for 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 18 November 2016 and revoked on 14 February 2019.
Funds Safeguarding
Yes
Deposit Guarantee
No
SEQR Payments AB 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, SEQR Payments is required to safeguard its customers’ money.
EEA Passport
Yes
Due to EEA passport rules SEQR Payments AB, can conduct its activities in any of the 30 EEA member states.
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providing mobile payment application 
Sweden
St. Eriksgatan 121, 113 43, Stockholm, Sweden
+46856487800
https://www.seqr.com/
English
Spanish
Cyprus
Norway
Lithuania
