Licence number
115.1.3.53
Authorised since
12 Aug 2025
EEA passports
0
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- NewTier D
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised under 2 years ago.
About this institution
Verified active. NEC PAY LIMITED holds a current Cypriot electronic money licence under reference 115.1.3.53 issued by the Cyprus Securities and Exchange Commission on 12 August 2025. The licence authorises safeguarding of customer funds, money remittance, and issuance of electronic money.
No EEA passporting is recorded for the licence. The licence does not list any host states beyond Cyprus.
Data note: the licence-granted date is 12 August 2025. The register records the reference number 115.1.3.53, and the operational status remains active. Cyprus Securities and Exchange Commission, reference 115.1.3.53, active as last cross-checked.
Licence timeline
3 dated eventsDated events for NEC PAY LIMITED, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Cyprus Securities and Exchange Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
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
32/35
NEC PAY LIMITED is one of 35 e-money institutions on the Cyprus register, 35 of which are currently active. Its licence is the 32nd oldest of the 35 dated Cyprus EMI authorisations, one of 4 granted in 2025.
Is your money safe with NEC PAY LIMITED?
NEC PAY 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities NEC PAY LIMITED is permitted to carry out under its licence, as recorded in the register.
- Money remittancePSD2_6
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is NEC PAY LIMITED a licensed e-money institution?
- Yes. NEC PAY LIMITED holds EMI authorisation from Cyprus Securities and Exchange Commission in Cyprus, licence reference 115.1.3.53. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates NEC PAY LIMITED?
- NEC PAY 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 NEC PAY LIMITED's licence or FRN number?
- NEC PAY LIMITED's licence reference number is 115.1.3.53. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Cyprus
Registered office
- Street
- 1 Dryadon, 1st Floor
- City
- Larnaca, 6041
Ratings & reader notes
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