Prepay

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E Money

PrePay Solutions is regulated by the UK Financial Conduct Authority (FCA) and has a full e-money licence which is valid across Europe.  PrePay Solutions delivers full compliance and regulatory support to its clients and is a principle Mastercard® member and BIN sponsor. PrePay Solutions can issue cards in any country in the Single Euro Payments […]

Regulatory

PrePay Solutions is authorised and regulated by the Financial Conduct Authority (FCA) for the issuance of E money. We also comply with the following regulatory frameworks: Regularity Framework: Electronic Money Directive (“EMD”) Payment Services Directive (“PSD”) Anti Money Laundering Directive Proceeds of Crime Act 2002 (“POCA”), Terrorism Act 2000, Counter Terrorism Act 2008 EC Wire […]

BIN Sponsorship

As a principal MasterCard® member, PrePay Solutions is a BIN sponsor for many leading MasterCard® prepaid card programmes.  PrePay Solutions also works with third party banks including Clydesdale Bank  and Barclays Bank to facilitate BIN sponsorship and other requirements associated with regulated prepaid card programmes. Back to Services  

Fraud & Risk Management

PrePay Solutions’ Financial Crime Unit (FCU) consists of a highly experienced team of professionals who ensure that PrePay Solutions is fully compliant with all current regulations, as well as our own strict polices and processes related to anti-money laundering and anti-terrorist financing. Our FCU analysts are responsible for all of the monitoring and reporting activities […]

Legal & Compliance

PrePay Solutions’ legal and compliance team provides legal and regulatory advice in respect of each area of the PrePay Solutions business. The team is involved in: Product development: including advice on the legal and compliance framework that must be accommodated within the customer journey; Terms and Conditions: the design of product terms and conditions; Compliance: […]