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 within the last year.
About this institution
Verified active. NEC PAY LIMITED holds a current licence issued by the Cyprus Securities and Exchange Commission on 12 August 2025. The entity is authorised to conduct three core activities: issuance of electronic money, money remittance services, and safeguarding of customer funds. Licence reference 115.1.3.53 records these permissions as operative.
The register lists no EEA passporting notifications. NEC PAY LIMITED operates within Cyprus only and has not established cross-border reach into other member states under the e-money directive's passporting regime.
Data note: this is a newly licensed entity; operational maturity cannot be inferred from the register record alone. No EEA host-state activity is on record. As at the last cross-check, the Cyprus Securities and Exchange Commission confirms licence 115.1.3.53 as active, with the entity's authorisation continuing under the terms set out in the register entry.
Authorised activities (PSD2 / EMD2)
Payment-services activities NEC PAY LIMITED is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Money remittancePSD2_6
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
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