TELEPASS PAY S.P.A. is an electronic money institution focused on payment services and prepaid cards for Telepass. TELEPASS PAY S.P.A. offers Telepass Pay e-wallets, payment services, prepaid cards to individuals. Incorporated in Italy, TELEPASS PAY S.P.A. is authorized and regulated by the Bank of Italy.
TELEPASS PAY do not conduct operations with cryptocurrencies.
TELEPASS PAY S.P.A. is authorized by the Bank of Italy for issuance of electronic money, refund of electronic money, 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 TELEPASS PAY S.P.A., can conduct its activities in any of the 31 EEA member states. TELEPASS PAY S.P.A. do not participate in deposit guarantee schemes.
TELEPASS PAY S.P.A. is a SWIFT member and a SEPA (SCT) scheme participant.