Transact24 Ltd is an electronic money institution focused on payment processing systems. Transact24 Ltd offers ACH payment processing, card payment processing, international prepaid cards, SEPA payments, virtual prepaid cards, payment gateways to business entities. In 2019 Transact24 Ltd had total assets of 4.25 mln GBP, Transact24 Ltd generated net income of -661,154.00 GBP. Incorporated in the United Kingdom, Transact24 Ltd is authorized and regulated by the Financial Conduct Authority.
Transact24 do not conduct operations with cryptocurrencies.
Transact24 Ltd is authorized by the Financial Conduct Authority (reference number 900538) 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 9 March 2018.
Due to EEA passport rules Transact24 Ltd, can conduct its activities in any of the 31 EEA member states. Transact24 Ltd do not participate in deposit guarantee schemes.
Transact24 Ltd is connected to Visa payment card scheme.