Licence number
31615712
Authorised since
30 Jan 2012
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
- EstablishedTier A
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 14 years ago.
About this institution
Verified active. PAY4IT ApS holds a current Danish small e-money licence from the Danish Financial Supervisory Authority. The licence authorises cash deposit services on a payment account, safeguarding of customer funds, and issuance of electronic money.
No EEA passporting is recorded in the register. The licence does not extend to other host states.
Data note: the licence was granted on 30 January 2012, and the operational status is recorded as active. The Danish Financial Supervisory Authority, reference number 31615712, lists the licence as active.
Licence timeline
3 dated eventsDated events for PAY4IT ApS, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Danish Financial Supervisory Authority register
Automated daily verification of licence status and reference.
First verified and added to this directory
Small EMI registration granted by the Danish Financial Supervisory Authority
Position in the Denmark register
Denmark EMIs
15
Active
15
Full / small licences
9 / 6
Licence age rank
2/15
PAY4IT ApS is one of 15 e-money institutions on the Denmark register, 15 of which are currently active. Its licence is the 2nd oldest of the 15 dated Denmark EMI authorisations, one of 3 granted in 2012. As a small-EMI registration it operates domestically only - 6 of the 15 Denmark entries use this lighter regime.
Is your money safe with PAY4IT ApS?
PAY4IT ApS holds a small-EMI registration from Danish Financial Supervisory Authority, 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. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.
Authorised activities (PSD2 / EMD2)
Payment-services activities PAY4IT ApS is permitted to carry out under its licence, as recorded in the register.
- Cash deposit services on a payment accountPSD2_1
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is PAY4IT ApS a licensed e-money institution?
- Yes. PAY4IT ApS holds Small EMI authorisation from Danish Financial Supervisory Authority in Denmark, licence reference 31615712. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates PAY4IT ApS?
- PAY4IT ApS is authorised and supervised by Danish Financial Supervisory Authority in Denmark. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is PAY4IT ApS's licence or FRN number?
- PAY4IT ApS's licence reference number is 31615712. 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 Denmark
Registered office
- Street
- Saxovej 18
- City
- Kolding, 6000
Ratings & reader notes
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