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Licensed EMIsSee verified EMIs

System Pay Services (Malta) Limited

Malta
4.6(102 notes)ActiveEMI
View on register

Regulator

Malta Financial Services Authority

Licence number

C66961

Authorised since

02 Feb 2016

EEA passports

29

Profile rates

Data-derived · A is broadest

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

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 7 payment-services activities.

Tenure
EstablishedTier A

Authorised 10 years ago.

About this institution

Verified active. System Pay Services (Malta) Limited holds a current licence issued by the Malta Financial Services Authority on 2 February 2016. The entity is authorised to provide cash deposit and withdrawal services on a payment account, execute payment transactions, issue electronic money, issue and acquire payment instruments, conduct money remittance, and safeguard customer funds. These are substantive activities spanning the full scope of regulated e-money institution operations.

The licence reaches 29 EEA host states through passporting rights. The register lists Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden as jurisdictions into which this authorisation extends.

As recorded in the Malta Financial Services Authority register, the entity's authorisation continues in active status. Licence reference C66961 confirms the scope and cross-border reach as at the last register cross-check.

EEA passporting

29 jurisdictions

Under the EU passporting regime, System Pay Services (Malta) Limited can provide services across the following EEA jurisdictions, in addition to its home authorisation in Malta.

  • SwedenSweden9
  • BulgariaBulgaria9
  • PortugalPortugal9
  • HungaryHungary9
  • GermanyGermany9
  • NetherlandsNetherlands9
  • SpainSpain9
  • LiechtensteinLiechtenstein9
  • DenmarkDenmark9
  • LithuaniaLithuania9
  • Czech RepublicCzech Republic9
  • CyprusCyprus9
  • EstoniaEstonia9
  • RomaniaRomania9
  • FranceFrance9
  • AustriaAustria9
  • GreeceGreece9
  • FinlandFinland9
  • CroatiaCroatia9
  • NorwayNorway9
  • LuxembourgLuxembourg9
  • LatviaLatvia9
  • BelgiumBelgium9
  • ItalyItaly9
  • IcelandIceland9
  • SlovakiaSlovakia9
  • IrelandIreland9
  • SloveniaSlovenia9
  • PolandPoland9

Authorised activities (PSD2 / EMD2)

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

  • Execution of payment transactions on a payment accountPSD2_3
  • Cash deposit services on a payment accountPSD2_1
  • Issuance of electronic moneyEMI_ISSUANCE
  • Cash withdrawal services on a payment accountPSD2_2
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Money remittancePSD2_6

Frequently asked questions

Is System Pay Services (Malta) Limited a licensed e-money institution?
Yes. System Pay Services (Malta) Limited holds EMI authorisation from Malta Financial Services Authority in Malta, licence reference C66961. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates System Pay Services (Malta) Limited?
System Pay Services (Malta) Limited is authorised and supervised by Malta Financial Services Authority in Malta. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
What is System Pay Services (Malta) Limited's licence or FRN number?
System Pay Services (Malta) Limited's licence reference number is C66961. 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 System Pay Services (Malta) Limited authorised in other EEA countries?
Yes. System Pay Services (Malta) Limited 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.

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Registered office

Street
Ruby Workspaces, Office 3 Pendergardens, Triq Sant Andrija,
City
San Giljan, STJ 9023

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