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DECTA LIMITED

Cyprus
4.0(114 ratings)ActiveEMI
View on register

Licence number

115.1.3.54

Authorised since

10 Aug 2023

EEA passports

28

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
Pan-EuropeanTier A

Passports into 28 EEA jurisdictions.

Scope
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
GrowingTier C

Authorised 3 years ago.

About this institution

Verified active. DECTA LIMITED holds a Cyprus EMI licence, reference 115.1.3.54, granted on 10 August 2023. The authorisation covers issuance of electronic money; issuing payment instruments and acquiring payment transactions. It also authorises execution of payment transactions on a payment account and safeguarding of customer funds.

The licence allows the entity to passport its services into 28 EEA host states. Principal states include the Netherlands, Germany, France, Spain, Italy, Poland, Norway, and Sweden, among others.

Data note: The licence grant date is recorded as 10 August 2023 and the register lists the operational status as active. The Cyprus Securities and Exchange Commission, reference 115.1.3.54, confirms active status as of the last cross-check.

Licence timeline

3 dated events

Dated events for DECTA LIMITED, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Cyprus Securities and Exchange Commission register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Cyprus Securities and Exchange Commission

Position in the Cyprus register

Cyprus EMIs

35

Active

35

Full / small licences

35 / 0

Licence age rank

23/35

DECTA LIMITED is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 23rd oldest of the 35 dated Cyprus EMI authorisations, one of 6 granted in 2023.

Is your money safe with DECTA LIMITED?

DECTA LIMITED holds an e-money authorisation from Cyprus Securities and Exchange Commission, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.

If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.

How e-money safeguarding works → Verify on the register →

EEA passporting

28 jurisdictions

Under the EU passporting regime, DECTA LIMITED can provide services across the following EEA jurisdictions, in addition to its home authorisation in Cyprus.

  • NorwayNorway6
  • AustriaAustria6
  • LiechtensteinLiechtenstein6
  • BelgiumBelgium6
  • RomaniaRomania6
  • IcelandIceland6
  • SlovakiaSlovakia6
  • NetherlandsNetherlands6
  • BulgariaBulgaria6
  • HungaryHungary6
  • FranceFrance6
  • DenmarkDenmark6
  • PortugalPortugal6
  • GreeceGreece6
  • LuxembourgLuxembourg6
  • GermanyGermany6
  • LithuaniaLithuania6
  • CroatiaCroatia6
  • LatviaLatvia6
  • PolandPoland6
  • SloveniaSlovenia6
  • SwedenSweden6
  • FinlandFinland6
  • MaltaMalta6
  • Czech RepublicCzech Republic6
  • EstoniaEstonia6
  • SpainSpain6
  • ItalyItaly6

Authorised activities (PSD2 / EMD2)

Payment-services activities DECTA LIMITED is permitted to carry out under its licence, as recorded in the register.

  • Issuance of electronic moneyEMI_ISSUANCE
  • Safeguarding of customer fundsSAFEGUARDING
  • Execution of payment transactions on a payment accountPSD2_3
  • Issuing payment instruments and acquiring payment transactionsPSD2_5

Frequently asked questions

Is DECTA LIMITED a licensed e-money institution?
Yes. DECTA LIMITED holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.54. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates DECTA LIMITED?
DECTA LIMITED is authorised and supervised by Cyprus Securities and Exchange Commission in Cyprus. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is DECTA LIMITED's licence or FRN number?
DECTA LIMITED's licence reference number is 115.1.3.54. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
Is DECTA LIMITED authorised in other EEA countries?
Yes. DECTA LIMITED is passported to 28 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.

Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.

Other licensed institutions in Cyprus

View all institutions in Cyprus →

Registered office

Street
28th October Avenue 249, Lophitis Business Center I, Office 201
City
Limassol, 3035

Ratings & reader notes

114 ratings · 0 written notes

4.0(114 ratings)
  • 5★57
  • 4★27
  • 3★12
  • 2★5
  • 1★13

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