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
- MatureTier B
No EEA passporting on record.
Authorised for 3 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. System Pay Services Ltd holds a current licence from the Financial Conduct Authority under reference 901057, issued 6 November 2020. The entity is authorised to carry out three core activities: distribution and redemption of electronic money, issuance of electronic money, and safeguarding of customer funds. These form the operational scope of the authorisation as recorded in the FCA register.
The register lists zero EEA passporting notifications. System Pay Services Ltd operates under its UK authorisation only and has not established cross-border permissions within the European Economic Area.
Data note: the entity's authorisation continues on active status as at the last cross-check. No EEA host-state reach is on record. The FCA Financial Services Register confirms licence reference 901057 and the authorisation date of 6 November 2020.
Authorised activities (PSD2 / EMD2)
Payment-services activities SYSTEM PAY SERVICES LTD is permitted to carry out under its licence, as recorded in the register.
- Distribution and redemption of electronic moneyEMI_DISTRIBUTION
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is SYSTEM PAY SERVICES LTD a licensed e-money institution?
- Yes. SYSTEM PAY SERVICES LTD holds EMI authorisation from Financial Conduct Authority in United Kingdom, licence reference 901057. Its authorisation is currently active and is cross-checked against the FCA Financial Services Register.
- Who regulates SYSTEM PAY SERVICES LTD?
- SYSTEM PAY SERVICES 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 SYSTEM PAY SERVICES LTD's licence or FRN number?
- SYSTEM PAY SERVICES LTD's licence reference number is 901057. 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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