Tantum AG (Liechtenstein) is an electronic money institution authorized and regulated by the Financial Market Authority. Tantum is focused on online identity and payment acceptance. The company offers mobile wallets, identity management, expense management to natural persons, companies.
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, Tantum AG is assigned the overall rating 2.66 (average) which is explained in details below.
Operating Environment | Very Friendly | (4.77) |
Product Range | Focused | (2.29) |
Market Niche | Average | (3.05) |
Company Background | Poor | (1.75) |
Customer Support | Average | (2.67) |
Customer Sentiment | n/a | |
Transparency | Average | (2.88) |
Overall Rating | Average | (2.66) |
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TheBanks.eu has also identified the following pros and cons of the company:
Tantum do not conduct operations with cryptocurrencies.
Tantum AG is authorized by the Financial Market Authority as a e-money institution (reference number 340203) 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 2 May 2023.
Tantum AG 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, Tantum is required to safeguard its customers’ money.
Due to EEA passport rules Tantum AG, can conduct its activities in any of the 30 EEA member states.
Tantum AG is a SWIFT member.
Tantum has profiles on the following social networks: