Licence number
124190
Authorised since
05 Jul 2018
EEA passports
28
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
Passports into 28 EEA jurisdictions.
Authorised for 10 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. VR Payment GmbH holds a electronic money licence, type EMI, issued by the Bundesanstalt fur Finanzdienstleistungsaufsicht, reference 124190. The licence authorises cash deposit services on a payment account, payment initiation services, issuance of payment instruments, and acquiring payment transactions. The licence also authorises money remittance and account information services. Issuance of electronic money, cash withdrawal services, and execution of payment transactions on a payment account are further covered. Safeguarding of customer funds and execution of payment transactions where funds are covered by a credit line are also permitted.
The licence is passported into 28 EEA host states. The register lists Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden.
Licence granted on 5 July 2018. The register records the licence as active, with no indication of withdrawal. Cross-checked against the Bundesanstalt fur Finanzdienstleistungsaufsicht register, reference number 124190, status verified as active.
Licence timeline
3 dated eventsDated events for VR Payment GmbH, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bundesanstalt fur Finanzdienstleistungsaufsicht register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Bundesanstalt fur Finanzdienstleistungsaufsicht
Position in the Germany register
Germany EMIs
13
Active
13
Full / small licences
13 / 0
Licence age rank
1/13
VR Payment GmbH is one of 13 e-money institutions on the Germany register, 13 of which are currently active. Its licence is the 1st oldest of the 13 dated Germany EMI authorisations, one of 6 granted in 2018.
Is your money safe with VR Payment GmbH?
VR Payment GmbH holds an e-money authorisation from Bundesanstalt fur Finanzdienstleistungsaufsicht, 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.
EEA passporting
28 jurisdictionsUnder the EU passporting regime, VR Payment GmbH can provide services across the following EEA jurisdictions, in addition to its home authorisation in Germany.
Italy13
Malta13
Slovakia13
Croatia13
Sweden13
Iceland13
Liechtenstein1
Latvia11
Estonia13
France1
Luxembourg1
Ireland1
Lithuania13
Austria1
Poland1
Belgium1
Portugal13
Norway1
Spain1
Finland13
Romania13
Greece13
Hungary13
Czech Republic1
Bulgaria13
Netherlands1
Cyprus13
Denmark1
Authorised activities (PSD2 / EMD2)
Payment-services activities VR Payment GmbH is permitted to carry out under its licence, as recorded in the register.
- Cash withdrawal services on a payment accountPSD2_2
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Money remittancePSD2_6
- Execution of payment transactions on a payment accountPSD2_3
- Cash deposit services on a payment accountPSD2_1
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Issuance of electronic moneyEMI_ISSUANCE
- Payment initiation services (PIS)PSD2_7
- Safeguarding of customer fundsSAFEGUARDING
- Account information services (AIS)PSD2_8
Frequently asked questions
- Is VR Payment GmbH a licensed e-money institution?
- Yes. VR Payment GmbH holds EMI authorisation from Bundesanstalt fur Finanzdienstleistungsaufsicht in Germany, licence reference 124190. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates VR Payment GmbH?
- VR Payment GmbH is authorised and supervised by Bundesanstalt fur Finanzdienstleistungsaufsicht in Germany. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is VR Payment GmbH's licence or FRN number?
- VR Payment GmbH's licence reference number is 124190. 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 VR Payment GmbH authorised in other EEA countries?
- Yes. VR Payment GmbH is passported to 28 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 Germany
Registered office
- Street
- Platz der Republik | 60325 Frankfurt am Main
- City
- Frankfurt am Main, 60325
Ratings & reader notes
132 ratings · 0 written notes
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- 1★5
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