TenX Payments Europe AG is an electronic money institution focused on providing crypto e-wallets and payment cards. TenX Payments Europe AG offers crypto e-wallets, payment cards, cryptocurrency exchange to natural persons. Incorporated in Liechtenstein, TenX Payments Europe AG is authorized and regulated by the Financial Market Authority.
TenX Payments Europe 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.TenX Payments Europe cards are issued as both physical (plastic) and virtual cards; plastic cards are delivered to the customer's address.
TenX Payment Card is a single currency card, it can be issued in EUR only.
Wirecard Card Solutions Ltd
*) EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.
TenX Payments Europe offers the following operations with cryptocurrencies:
TenX Payments Europe conducts operations with Bitcoin, Ethereum, Litecoin, PAY.
TenX Payments Europe AG is authorized by the Financial Market Authority (reference number 252199) for issuance of electronic money, refund of electronic money, 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 5 November 2019.
Due to EEA passport rules TenX Payments Europe AG, can conduct its activities in any of the 31 EEA member states. TenX Payments Europe AG do not participate in deposit guarantee schemes.
TenX Payments Europe AG is connected to Visa payment card scheme.