We understand you might be curious about the reasons behind this change. Due to the changes brought about by BREXIT and in line with UK laws and regulations, all EU financial companies operating in the UK after December 2023, once the Temporary Permissions Regime (TPR) comes to an end, are required to obtain authorisation from the Financial Conduct Authority (FCA). This change is happening to ensure that we comply with these new regulations.
Up until now your payment services provider has been Viva Payment Services Single Member SA. Following the FCA authorization of our UK subsidiary, VivaWallet.com Ltd. will become the only entity legally authorised to provide E-Money and payment services to new clients in the UK. You will receive even more enhanced Services than what you currently receive from us. Our duty to serve you is elevated to that of a UK E-Money Institution, so we now have the leverage to offer you even better services, functionalities, and benefits now provided and offered by Viva Wallet.com Ltd. as a fully licensed E-Money Institution authorised by the FCA in the UK.