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
- GrowingTier C
No EEA passporting on record.
Authorised for 7 payment-services activities.
Authorised 4 years ago.
About this institution
Verified active. TELEPASS S.P.A. holds a current Italian e-money licence issued by Banca d'Italia. The licence authorises the operation of account information services (AIS), providing customers with account data. It permits safeguarding of customer funds, ensuring client money is kept separate from company operating capital. Payment initiation services (PIS) are authorised, allowing the entity to trigger payments on behalf of users. The licence also covers execution of payment transactions on a payment account, transferring funds between accounts. Issuance of electronic money is permitted, enabling customers to hold digital currency for payment use. The entity may issue payment instruments and acquire payment transactions, expanding its payment service array. Additionally, the licence authorises execution of payment transactions where funds are covered by a credit line.
No EEA passporting is on record, so all authorised activities remain confined to Italy. The licence is therefore not available for cross-border operations within the EU.
Licence granted 1 May 2022 and licence reference 09771701001 are recorded in the Banca d'Italia register. The register confirms active status as at the last cross-check. No other data gaps are apparent. The Banca d'Italia register lists TELEPASS S.P.A. as an authorized electronic money institution with the above reference and status.
Licence timeline
3 dated eventsDated events for TELEPASS 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
12/15
TELEPASS S.P.A. is one of 15 e-money institutions on the Italy register, 15 of which are currently active. Its licence is the 12th oldest of the 15 dated Italy EMI authorisations.
Is your money safe with TELEPASS S.P.A.?
TELEPASS 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 S.P.A. is permitted to carry out under its licence, as recorded in the register.
- Payment initiation services (PIS)PSD2_7
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Account information services (AIS)PSD2_8
- Execution of payment transactions on a payment accountPSD2_3
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is TELEPASS S.P.A. a licensed e-money institution?
- Yes. TELEPASS S.P.A. holds EMI authorisation from Banca d'Italia in Italy, licence reference 09771701001. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates TELEPASS S.P.A.?
- TELEPASS 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 S.P.A.'s licence or FRN number?
- TELEPASS S.P.A.'s licence reference number is 09771701001. 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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