Transact Europe EAD is an electronic money institution focused on payment processing solutions. Transact Europe EAD offers payment platforms, payment acquiring, payment processing, prepaid cards to merchants (European-based). Incorporated in Bulgaria, Transact Europe EAD is authorized and regulated by the Bulgarian National Bank.
Transact Europe do not conduct operations with cryptocurrencies.
Transact Europe EAD is authorized by the Bulgarian National Bank for 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. The authorization was granted on 21 July 2011.
Due to EEA passport rules Transact Europe EAD, can conduct its activities in any of the 31 EEA member states. Transact Europe EAD do not participate in deposit guarantee schemes.
Transact Europe EAD is a SWIFT member and a SEPA scheme participant.
Transact Europe EAD is connected to the following major payment card schemes: MasterCard, Visa.