Our Permissions

Company Company number Authorised
E-Money Institution
Payment Institution
Service Business
Faster Payments
Principal Issuer
Regulator, grantor   FCA FCA HMRC Bank of England FCA Mastercard FCA
Fair Payments Limited 9558664              
FairFX Plc 05539698              
Spectrum Payment Services Limited 6268340             839341



"Authorised Payment Institution Licence 488396 granted by FCA, to FairFx plc and dated 31 May 2018, This "passport" enables an authorised firm to provide financial products or services, set up a base, or run its permitted activities in another country in the European Economic Area (EEA). This includes where a firm regulated in another EEA country passports into the UK. The countries covered by this passport are currently as follows:

Austria | Belgium | Bulgaria | Croatia | Cyprus | Czech Republic | Denmark | Estonia | Finland | France | Germany | Gibralta | Greece | Hungary | Iceland | Ireland | Italy | Latvia | Liectenstein | Lithuania | Luxembourg | Malta | Netherlands | Norway | Poland | Portugal | Romania | Slovakia | Slovenia | Spain | Sweden

Please note that PSD1 activity 7, i.e. "execution of payment transactions where the consent of the payer ... " will, subject to the application of the transitional provisions in the PSRs 2017, no longer exist under PSD2. This activity will continue to appear on existing PSD passports until January 2020. This activity should not be confused with PSD2 activity 7, i.e. "Payment Initiation Services".