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Payoneer Payment Services (UK) Limited logo

Payoneer Payment Services (UK) Limited

United Kingdom
3.0(1 rating)ActiveEMI
View on register

Licence number

966835

Authorised since

13 Jan 2023

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.

Tenure
GrowingTier C

Authorised 3 years ago.

About this institution

Verified active. Payoneer Payment Services (UK) Limited holds a UK e-money licence authorised by the Financial Conduct Authority. The licence permits safeguarding of customer funds, distribution and redemption of electronic money, and issuance of electronic money.

No EEA passporting is on record; the licence is limited to the United Kingdom.

Licence granted 13 January 2023. The FCA register does not list any other passporting or status changes. The FCA register records Payoneer Payment Services (UK) Limited, reference 966835, as active.

Licence timeline

3 dated events

Dated events for Payoneer Payment Services (UK) Limited, 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

  3. Licence granted by the Financial Conduct Authority

Position in the United Kingdom register

United Kingdom EMIs

474

Active

289

Full / small licences

403 / 71

Licence age rank

228/287

Payoneer Payment Services (UK) Limited is one of 474 e-money institutions on the United Kingdom register, 289 of which are currently active. Its licence is the 228th oldest of the 287 dated United Kingdom EMI authorisations, one of 14 granted in 2023.

Is your money safe with Payoneer Payment Services (UK) Limited?

Payoneer Payment Services (UK) Limited holds an e-money authorisation from Financial Conduct 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 the FSCS, 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.

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

Authorised activities (PSD2 / EMD2)

Payment-services activities Payoneer Payment Services (UK) Limited is permitted to carry out under its licence, as recorded in the register.

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

Frequently asked questions

Is Payoneer Payment Services (UK) Limited a licensed e-money institution?
Yes. Payoneer Payment Services (UK) Limited holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 966835. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
Who regulates Payoneer Payment Services (UK) Limited?
Payoneer Payment Services (UK) Limited 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 Payoneer Payment Services (UK) Limited's licence or FRN number?
Payoneer Payment Services (UK) Limited's licence reference number is 966835. 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.

Other licensed institutions in United Kingdom

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Ratings & reader notes

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3.0(1 rating)
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