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 6 payment-services activities.
Authorised 3 years ago.
About this institution
Verified active. TPPAY S.R.L. holds an Italian e-money licence under Banca d'Italia (ref. 12511320967). The licence authorises execution of payment transactions on a payment account. Issuing payment instruments and acquiring payment transactions are also covered. Payment initiation services, safeguarding of customer funds, account information services and issuance of electronic money are within scope.
No EEA passporting states are listed in the register. The licence only authorises operation within Italy.
Licence granted on 1 August 2023. Operational status is active as at the last cross-check. Licence reference 12511320967, authorised by Banca d'Italia, status active.
Licence timeline
3 dated eventsDated events for TPPAY 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
13/15
TPPAY S.P.A. is one of 15 e-money institutions on the Italy register, 15 of which are currently active. Its licence is the 13th oldest of the 15 dated Italy EMI authorisations, one of 2 granted in 2023.
Is your money safe with TPPAY S.P.A.?
TPPAY 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 TPPAY S.P.A. is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Payment initiation services (PIS)PSD2_7
- Account information services (AIS)PSD2_8
- Issuing payment instruments and acquiring payment transactionsPSD2_5
Frequently asked questions
- Is TPPAY S.P.A. a licensed e-money institution?
- Yes. TPPAY S.P.A. holds EMI authorisation from Banca d'Italia in Italy, licence reference 12511320967. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates TPPAY S.P.A.?
- TPPAY 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 TPPAY S.P.A.'s licence or FRN number?
- TPPAY S.P.A.'s licence reference number is 12511320967. 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 VINCENZO MONTI, 47
- City
- MILANO, 20123
Ratings & reader notes
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