Prepay Technologies Limited (PPT) is an e-money institution regulated by the FCA. PPT is one of the oldest eMoney institutions in the UK and was first granted a license in 2003. PPT holds a Mastercard license and is a Participant in the Faster Payments scheme and also connected to BACs and Chaps schemes.
Regulatory Information
Company Number: 04008083
Registered Office: 4th Floor, Station Square, 1 Gloucester Street, Swindon, SN1 1GW, UK
FCA Reference Number: 900010
BIC/SWIFT Code: PRTCGB21
As an e-money institution regulated by the FCA, PPT protects funds belonging to e-money customers through a process known as safeguarding. This means that your money is kept separate from our money and it is placed into a secure account with an authorised bank or covered through an insurance policy or similar guarantee. The services that PPT offers are not covered by the Financial Services Compensation Scheme (FSCS). In the event of PPT insolvency, although relevant funds are safeguarded as per the requirement of regulation 21 of the EMRs 2011, it could take longer for monies to be refunded and some costs could be deducted by the administrator or liquidator of the Firm during the insolvency process (as per regulation 24 of the EMRs 2011). Customers may check the FCA website (https://www.fca.org.uk/consumers/using-payment-service-providers) to find guidance in deciding whether the level of protection the firm offers is appropriate in their circumstances.
General Manager: Andrea Keller
Chief Risk Officer: Yuko Fujio
Executive Directors
- Andrea Keller
- Paul-Henri Motel
Non-Executive Directors
- Philippe Relland
- Gilles Coccoli
Company Secretary
- Maria Balatsou
Building Trust in every Interaction
We focus on enabling sustainable business by placing compliance and the duty to our customers drives at the heart of what we do every day. Compliance is a key asset in enabling Edenred to maintain their role as Trusted Partner to their accountholders and clients.
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