Awards

First Prize in Mobile Wallet of the Future Challenge at Seamless Middle East April 2019

TicknPay won the Finablr Innovation Challenge with its the next generation of corporate cards where the credit line is to the wallet with mobile first functionality. TicknPay provides digital control for business over employees making operations payments, with real time requests and approval prior to spend. The platform integrates Visa and Mastercard / mobile money in order for employees to make payments with ease. Huge thanks to Finablr, Fintech Galaxy and the judges. We are looking forward to rolling out the Wallet of the Future.

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FIRST PRIZE IN THE BDO FINTECH GALAXY financial INCLUSION CHALLENGE AT AIM STARTup, DUBAI, APRIL 2018

Recognition of how businesses can use TicknPay to manage enabling staff to make controlled payments by card and bank transfer.

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Cards & IBAN Programs:

For customers based in the European Union, the Payment Account and/or Mastercard cards as applicable are issued by Paynetics AD with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695. Paynetics AD is an electronic money institution authorised and regulated by the Bulgarian National Bank for the issuance of e-money and provision of payment services in the EU. Weavr (Europe) Ltd is acting on behalf of Paynetics AD, as a registered agent on the territory of the EU member states, and is entered into the public register of e-money institutions’ agents kept by the Bulgarian National Bank.

For customers based in the United Kingdom, the Payment Account and/or Mastercard cards as applicable are issued by Paynetics UK, Company number 1248133. Paynetics UK is a wholly owned subsidiary of Paynetics AD with its registered address at 1st Floor, 18 Devonshire Row, London, England, EC2M 4RH. Paynetics UK is an electronic money institution authorised and regulated by the Financial Conduct Authority (firm reference number 942777) for the issuance of e-money and provision of payment services in the UK. Weavr Ltd is a distributor of Paynetics UK on the territory of the UK.

Paystratus Group Limited provides software and support services to Weavr Ltd and Weavr Europe Ltd.

To ensure your funds are safe, Paynetics AD and Paynetics UK follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics AD, respectively Paynetics UK, keeps your money separate from its own (firm) money and places it in a safeguarding account with a Bank.

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 in the EU (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts and funds. For further details on the safeguarding, visit https://www.paynetics.digital/safeguarding-of-clients-funds/