Licence number
808389191
Authorised since
23 Jan 2019
EEA passports
22
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Multi-marketTier B
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
Passports into 22 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 7 years ago.
About this institution
Verified active. MARKET PAY holds a current French e-money licence (reference 808389191) issued by the Autorité de Contrôle Prudentiel et de Résolution. Its authorisation covers safeguarding of customer funds. It also allows the issuance of electronic money. The licence permits execution of payment transactions on a payment account. Payment initiation services (PIS) are authorised. Issuing payment instruments and acquiring payment transactions are also authorised. Safeguarding of customer funds is a regulatory requirement for electronic money issuers. The entity is authorised to issue electronic money and provide payment services across the 22 named host states. The licence is listed under reference 808389191.
The licence permits passporting into 22 EEA host states. These states include Austria, Belgium, Cyprus, Denmark, Estonia, Finland, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, and Sweden. The licence specifically authorises execution of payment transactions on a payment account, enabling settlement of payments. Payment initiation services (PIS) allow the entity to initiate payments on behalf of customers. The licence also allows the entity to provide payment services in each of these host states.
Licence granted 23 January 2019. Cross-checking against the register confirms the licence remains active as at the last update. The register lists the operational status as active, reference 808389191, issued by the Autorité de Contrôle Prudentiel et de Résolution.
Licence timeline
3 dated eventsDated events for MARKET PAY, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Autorite de Controle Prudentiel et de Resolution register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Autorite de Controle Prudentiel et de Resolution
Position in the France register
France EMIs
30
Active
30
Full / small licences
29 / 1
Licence age rank
11/30
MARKET PAY is one of 30 e-money institutions on the France register, 30 of which are currently active. Its licence is the 11th oldest of the 30 dated France EMI authorisations, one of 4 granted in 2019.
Is your money safe with MARKET PAY?
MARKET PAY holds an e-money authorisation from Autorite de Controle Prudentiel et de Resolution, 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.
EEA passporting
22 jurisdictionsUnder the EU passporting regime, MARKET PAY can provide services across the following EEA jurisdictions, in addition to its home authorisation in France.
Slovakia4
Slovenia4
Malta4
Luxembourg4
Austria4
Ireland4
Italy4
Portugal4
Germany4
Poland1
Finland4
Cyprus4
Netherlands4
Sweden4
Belgium4
Latvia4
Estonia4
Lithuania4
Greece4
Norway4
Spain4
Denmark4
Authorised activities (PSD2 / EMD2)
Payment-services activities MARKET PAY is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Payment initiation services (PIS)PSD2_7
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is MARKET PAY a licensed e-money institution?
- Yes. MARKET PAY holds EMI authorisation from Autorite de Controle Prudentiel et de Resolution in France, licence reference 808389191. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates MARKET PAY?
- MARKET PAY is authorised and supervised by Autorite de Controle Prudentiel et de Resolution in France. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is MARKET PAY's licence or FRN number?
- MARKET PAY's licence reference number is 808389191. 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 MARKET PAY authorised in other EEA countries?
- Yes. MARKET PAY is passported to 22 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 France
Registered office
- Street
- 120-122, Rue Réaumur
- City
- PARIS, 75002
Ratings & reader notes
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- 2★0
- 1★3
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