MAP e-Pay Solutions Limited is a company registered in England and Wales with Company Number 13627304 and registered office at 1 Kings Avenue, London, United Kingdom, N21 3NA. MAP e-Pay Solutions Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. FCA Firm Reference Number: 1032863.

MAP ePay provides electronic money and payment services, including e-money accounts, virtual accounts/e-wallets, payment cards, credit transfers, foreign exchange services and domestic payment functionality.

MAP ePay accounts are electronic money accounts and are not bank accounts. Electronic money and payment services are not covered by the Financial Services Compensation Scheme (FSCS). This means that customers will not be able to claim compensation from the FSCS in respect of funds held in their MAP ePay account.

MAP ePay safeguards relevant customer funds in accordance with the Electronic Money Regulations 2011 and the Payment Services Regulations 2017. This means that relevant customer funds are held separately from MAP ePay’s own funds in one or more segregated safeguarding accounts. These funds cannot be used by MAP ePay for its own purposes. In the event of MAP ePay’s insolvency, safeguarded customer funds are protected from claims made by MAP ePay’s general creditors.

MAP ePay does not provide Top-up-taking, lending or investment services. Use of MAP ePay’s services is subject to customer onboarding, due diligence checks, applicable terms and conditions, transaction monitoring, payment scheme rules, regulatory requirements and the availability of relevant third-party systems and payment rails.