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Trust factor: Low

The regulator's public register indicates this profile should be approached with caution.

  • Status: defunct

PAXEPT Payments Ltd

United Kingdom
3.0(1 rating)DefunctEMI
View on register

Regulator

Financial Conduct Authority

Licence number

902071

Authorised since

Not on record

EEA passports

0

Profile rates

Data-derived · A is broadest

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

Reach
DomesticTier D

No EEA passporting on record.

Scope
SpecialistTier C

Authorised for 3 payment-services activities.

About this institution

Verified defunct. PAXEPT Payments Ltd holds licence 902071, authorised by the Financial Conduct Authority. The licence covers safeguarding of customer funds, issuance of electronic money, distribution and redemption of electronic money.

No passporting information is available in the register. Consequently, there is no evidence of cross-border operations within the EEA.

Licence-granted date is not recorded. The register lists PAXEPT Payments Ltd as defunct, licence reference 902071, authorisation by the FCA.

Licence timeline

2 dated events

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

  1. Cross-checked against the Financial Conduct Authority register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

Position in the United Kingdom register

United Kingdom EMIs

476

Active

291

Full / small licences

405 / 71

PAXEPT Payments Ltd is one of 476 e-money institutions on the United Kingdom register, 291 of which are currently active.

Is your money safe with PAXEPT Payments Ltd?

Caution: the register lists PAXEPT Payments Ltd as defunct. It should not be treated as an authorised e-money issuer - money placed with a firm outside its authorisation is not protected by the safeguarding rules that apply to licensed EMIs.

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

Authorised activities (PSD2 / EMD2)

Payment-services activities PAXEPT Payments Ltd is permitted to carry out under its licence, as recorded in the register.

  • Distribution and redemption of electronic moneyEMI_DISTRIBUTION
  • Issuance of electronic moneyEMI_ISSUANCE
  • Safeguarding of customer fundsSAFEGUARDING

Frequently asked questions

Is PAXEPT Payments Ltd a licensed e-money institution?
PAXEPT Payments Ltd's e-money authorisation is no longer active. It previously held EMI authorisation from Financial Conduct Authority in United Kingdom (licence 902071). Always confirm current status on the FCA Financial Services Register.
Who regulates PAXEPT Payments Ltd?
PAXEPT Payments Ltd is authorised and supervised by Financial Conduct Authority in United Kingdom. Its e-money licence and current status are listed on the FCA Financial Services Register at register.fca.org.uk.
What is PAXEPT Payments Ltd's licence or FRN number?
PAXEPT Payments Ltd's licence reference number is 902071. Enter it on the FCA Financial Services Register at register.fca.org.uk 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.

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Ratings & reader notes

1 rating · 0 written notes

3.0(1 rating)
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