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Transact Payments Malta Limited

Malta
4.2(119 ratings)ActiveEMI
View on register

Licence number

C 91879

Authorised since

22 Oct 2020

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
Full-serviceTier A

Authorised for 8 payment-services activities.

Tenure
MatureTier B

Authorised 5 years ago.

About this institution

Verified active. Transact Payments Malta Limited holds a current licence issued by the Malta Financial Services Authority on 22 October 2020. The entity is authorised to provide cash deposit and withdrawal services on payment accounts, execute payment transactions on funded and credit-lined accounts, issue electronic money, issue and acquire payment instruments, provide money remittance, and safeguard customer funds. These eight activities define the full scope of the authorisation as recorded in the register.

The licence is passported across 29 EEA host states. 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 active destinations for the entity's cross-border services.

The operational status is active as at the last cross-check. Licence reference C 91879 confirms the entity's authorisation continues under the supervision of the Malta Financial Services Authority.

Licence timeline

3 dated events

Dated events for Transact Payments Malta Limited, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Malta Financial Services Authority register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. Licence granted by the Malta Financial Services Authority

Position in the Malta register

Malta EMIs

43

Active

43

Full / small licences

43 / 0

Licence age rank

19/43

Transact Payments Malta Limited is one of 43 e-money institutions on the Malta register, 43 of which are currently active. Its licence is the 19th oldest of the 43 dated Malta EMI authorisations, one of 2 granted in 2020.

Is your money safe with Transact Payments Malta Limited?

Transact Payments Malta Limited holds an e-money authorisation from Malta Financial Services Authority, 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.

How e-money safeguarding works → Verify on the register →

EEA passporting

29 jurisdictions

Under the EU passporting regime, Transact Payments Malta Limited can provide services across the following EEA jurisdictions, in addition to its home authorisation in Malta.

  • DenmarkDenmark12
  • CyprusCyprus12
  • RomaniaRomania12
  • PortugalPortugal12
  • HungaryHungary12
  • GreeceGreece12
  • EstoniaEstonia12
  • CroatiaCroatia12
  • SpainSpain12
  • LiechtensteinLiechtenstein12
  • LuxembourgLuxembourg12
  • FranceFrance12
  • SwedenSweden12
  • BelgiumBelgium12
  • ItalyItaly12
  • NetherlandsNetherlands12
  • FinlandFinland12
  • GermanyGermany12
  • BulgariaBulgaria12
  • SlovakiaSlovakia12
  • SloveniaSlovenia12
  • IrelandIreland12
  • Czech RepublicCzech Republic12
  • IcelandIceland12
  • PolandPoland12
  • LatviaLatvia12
  • NorwayNorway12
  • AustriaAustria12
  • LithuaniaLithuania12

Authorised activities (PSD2 / EMD2)

Payment-services activities Transact Payments Malta Limited is permitted to carry out under its licence, as recorded in the register.

  • Execution of payment transactions on a payment accountPSD2_3
  • Money remittancePSD2_6
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuance of electronic moneyEMI_ISSUANCE
  • Cash deposit services on a payment accountPSD2_1
  • Execution of payment transactions where funds are covered by credit linePSD2_4
  • Cash withdrawal services on a payment accountPSD2_2

Frequently asked questions

Is Transact Payments Malta Limited a licensed e-money institution?
Yes. Transact Payments Malta Limited holds EMI authorisation from Malta Financial Services Authority in Malta, licence reference C 91879. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates Transact Payments Malta Limited?
Transact Payments 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 Transact Payments Malta Limited's licence or FRN number?
Transact Payments Malta Limited's licence reference number is C 91879. 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 Transact Payments Malta Limited authorised in other EEA countries?
Yes. Transact Payments 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.

Other licensed institutions in Malta

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Registered office

Street
Vault 14, Level 2, Valletta Waterfront
City
Floriana, FRN 1914

Ratings & reader notes

119 ratings · 0 written notes

4.2(119 ratings)
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