Licensing

Hexopay is currently under application for the following financial services licenses, to support and expand our strategy for growth and security, offering increased product and service capability for our clients.

United Kingdom

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

San Marino

A licence application payment service provision in the high tech innovation hub of San Marino is awaiting approval from the local regulator.

Switzerland

Hexopay holds a financial services licence under the regulatory oversight of FINMA, the Swiss Financial Markets Supervisory Authority.

Singapore

Our Singaporean entity is in the process of becoming an authorised money remittance business licensed by the Monetary Authority of Singapore to expand our global connectivity throughout the region.

United Arab Emirates

Hexopay has established an entity in Dubai to be at the forefront of of the emerging payments and recently regulated crypto space in the Emirates. Applications to support a range of financial service activities are pending approval by the supervisory bodies in the strategically important Gulf state.

Brasil

Hexopay’s Latin American ambitions are being realised through the creation of a Brasilian subsidiary who are seeking regulatory approval from the Central Bank of Brasil.

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. Spitfire House 19 Falcon Court, Preston Farm Industrial Estate, Stockton-On-Tees, United Kingdom, TS18 3TU, United Kingdom. Company Number 10574398. VAT Number GB 276864157