epayments
Information by Research TrustFinance
Founded in 2011, ePayments (operating as EPS Epayments Systems Limited) positioned itself as a convenient electronic payment solution for individuals and businesses operating in the digital economy, such as freelancers, affiliate marketers, and online service providers. The company offered a multi-currency e-Wallet, prepaid Mastercard cards, and mass payment services to facilitate international transfers and payouts. However, in February 2020, the UK's Financial Conduct Authority (FCA) suspended its operations due to identified weaknesses in its anti-money laundering controls. After a prolonged period of being unable to resume normal operations, the company officially announced its closure.
United Kingdom
Industry
- Electronic PaymentPRIMARY
- Other Service
Financial