Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 7 payment-services activities.
Authorised 7 years ago.
About this institution
Verified active. PPS EU holds a licence granted 23 July 2019 by the National Bank of Belgium. Licence reference 0712775202 authorises issuing payment instruments and acquiring payment transactions; issuance of electronic money; cash deposit services on a payment account; money remittance; cash withdrawal services on a payment account; execution of payment transactions on a payment account; safeguarding of customer funds. These activities are registered in the national electronic money database.
The licence permits passporting to 29 EEA host states. The register lists Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. This reach covers a significant portion of the European market. PPS EU can issue electronic money across these jurisdictions. The entity's authorisation continues throughout the passported states. PPS EU also maintains compliance frameworks across all host states.
Licence granted on 23 July 2019. The register records the operational status as active. No passporting gaps appear in the documented list of host states. The National Bank of Belgium issued licence reference 0712775202 to PPS EU. The register confirms the reference number and authorisation status. No regulatory sanctions or enforcement actions are noted in the register. The licence remains in force as of the latest check. The National Bank of Belgium, reference 0712775202, authorises PPS EU, status active.
Licence timeline
3 dated eventsDated events for PPS EU, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the National Bank of Belgium register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the National Bank of Belgium
Position in the Belgium register
Belgium EMIs
8
Active
8
Full / small licences
7 / 1
Licence age rank
8/8
PPS EU is one of 8 e-money institutions on the Belgium register, 8 of which are currently active. Its licence is the 8th oldest of the 8 dated Belgium EMI authorisations, one of 2 granted in 2019.
Is your money safe with PPS EU?
PPS EU holds an e-money authorisation from National Bank of Belgium, 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.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, PPS EU can provide services across the following EEA jurisdictions, in addition to its home authorisation in Belgium.
Bulgaria9
Lithuania9
Portugal9
Italy9
Sweden9
Ireland9
Spain9
Czech Republic9
Estonia9
Poland9
Norway9
Iceland9
Malta9
Liechtenstein9
Austria9
Slovenia9
France9
Hungary9
Denmark9
Croatia9
Luxembourg9
Slovakia9
Romania9
Greece9
Germany9
Latvia9
Cyprus9
Finland9
Netherlands9
Authorised activities (PSD2 / EMD2)
Payment-services activities PPS EU is permitted to carry out under its licence, as recorded in the register.
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
- Cash withdrawal services on a payment accountPSD2_2
- Cash deposit services on a payment accountPSD2_1
- Money remittancePSD2_6
Frequently asked questions
- Is PPS EU a licensed e-money institution?
- Yes. PPS EU holds EMI authorisation from National Bank of Belgium in Belgium, licence reference 0712775202. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates PPS EU?
- PPS EU is authorised and supervised by National Bank of Belgium in Belgium. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is PPS EU's licence or FRN number?
- PPS EU's licence reference number is 0712775202. 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.
- Is PPS EU authorised in other EEA countries?
- Yes. PPS EU is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Belgium
Registered office
- Street
- Avenue Herrmann-Debroux 40-42
- City
- Auderghem, 1160
Ratings & reader notes
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- 1★13
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