Licensing

Hexopay is currently under application for the following financial regulatory licenses, to support and expand our strategy for growth and security.

United Kingdom

An application is in progress to become an authorised payment institution regulated by the Financial Conduct Authority (FCA).

Cyprus

A licence application to be recognised by the Central Bank of Cyprus is an Electronic Money Institution (EMI) is also being submitted in parallel with the FCA request.

Switzerland

Hexopay will also be granted a Fintech Licence by the Swiss Financial Market Supervisory Authority (FINMA).

Once approved this will mark the next step in Hexopay’s journey in becoming a full service global payments provider licensed in multiple jurisdictions to better serve our clients. Increased platform functionality and capability including being able to act as the merchant of record, full multi currency settlement services, providing our own merchant bank accounts and issuing electronic money  will enhance Hexopay’s offering in all regions where our customers work.

Certifications and Security

Hexopay’s proprietary payments platform is fully certified to Payment Card Industry Data Security Standard Level 1. Clients using our Payments Page don’t need to be PCI compliant as we handle the regulatory requirements for you.

When customers’ cardholder payment data is transmitted, processed, or managed via our platform, we take on the role of safeguarding sensitive data against malicious hackers. Additional benefits when descoping your PCI DSS to us include: reduced costs, resources and time. In order to maintain valid certification, we undergo a number of regular vulnerability scans and tests throughout the year. This guarantees that the payments platform meets the most up-to-date PCI requirements.

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Hexopay Limited. Barrington House, 41-45 Yarm Lane, Stockton-on-Tees, TS18 3EA, United Kingdom. Company Number 10574398. VAT Number GB 276864157