Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 5 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. TELEPASS PAY S.P.A. holds a current Italian e-money licence granted by Banca d'Italia. It is authorised to safeguard customer funds and execute payment transactions on a payment account. The entity may issue electronic money and execute payment transactions where funds are covered by a credit line. In addition, it can issue payment instruments and acquire payment transactions.
No EEA passporting is listed for this licence. Operations are limited to Italy.
Data note: the licence was granted on 14 January 2018 and the register records the entity's authorisation as active, continuing as recorded. Cross-checked against the Banca d'Italia register, reference 14070851002, status active as at the last register check.
Licence timeline
3 dated eventsDated events for TELEPASS PAY S.P.A., from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Banca d'Italia register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Banca d'Italia
Position in the Italy register
Italy EMIs
15
Active
15
Full / small licences
15 / 0
Licence age rank
5/15
TELEPASS PAY S.P.A. is one of 15 e-money institutions on the Italy register, 15 of which are currently active. Its licence is the 5th oldest of the 15 dated Italy EMI authorisations, one of 7 granted in 2018.
Is your money safe with TELEPASS PAY S.P.A.?
TELEPASS PAY S.P.A. holds an e-money authorisation from Banca d'Italia, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities TELEPASS PAY S.P.A. is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions where funds are covered by credit linePSD2_4
Frequently asked questions
- Is TELEPASS PAY S.P.A. a licensed e-money institution?
- Yes. TELEPASS PAY S.P.A. holds EMI authorisation from Banca d'Italia in Italy, licence reference 14070851002. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates TELEPASS PAY S.P.A.?
- TELEPASS PAY S.P.A. is authorised and supervised by Banca d'Italia in Italy. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is TELEPASS PAY S.P.A.'s licence or FRN number?
- TELEPASS PAY S.P.A.'s licence reference number is 14070851002. 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 Italy
Registered office
- Street
- VIA LAURENTINA 449
- City
- ROMA, 00142
Ratings & reader notes
0 written notes
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