Transact Payments Ltd is an electronic money institution focused on innovative payment and card solutions. Transact Payments Ltd offers UK and SEPA based Faster Payments, e-wallets, m-wallets, corporate payments. Incorporated in Gibraltar, Transact Payments Ltd is authorized and regulated by the Gibraltar Financial Services Commission.
Transact Payments do not conduct operations with cryptocurrencies.
Transact Payments Ltd is authorized by the Gibraltar Financial Services Commission for issuance of electronic money, refund of electronic money, 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, granting of credit related to execution of payment transactions on a payment account.
Due to EEA passport rules Transact Payments Ltd, can conduct its activities in any of the 31 EEA member states. Transact Payments Ltd do not participate in deposit guarantee schemes.