SISALPAY S.P.A. is an electronic money institution focused on providing IBAN accounts and payment cards. SISALPAY S.P.A. offers personal accounts with IBAN, prepaid cards. Incorporated in Italy, SISALPAY S.P.A. is authorized and regulated by the Bank of Italy.
SISALPAY cards are prepaid cards, rather than debit cards.
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.SISALPAY cards are issued only as physical (plastic) cards and are delivered to the customer's address.
Prepaid Card is a single currency card, it can be issued in EUR only.
Wirecard Card Solutions Ltd
SISALPAY do not conduct operations with cryptocurrencies.
SISALPAY S.P.A. is authorized by the Bank of Italy for issuance of electronic money, refund of electronic money, placing cash to 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. The authorization was granted on 14 January 2018.
Due to EEA passport rules SISALPAY S.P.A., can conduct its activities in any of the 31 EEA member states. SISALPAY S.P.A. do not participate in deposit guarantee schemes.
SISALPAY S.P.A. is a SWIFT member and a SEPA (SCT, SDD) scheme participant.
SISALPAY S.P.A. is connected to MasterCard payment card scheme.