Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Transact365

Transact365

2.0/5 2.1/5 · Data verified on

Transact365 aims to cover emerging markets in Asia and Africa as a payment institution. Its profile is, however, severely undermined by a very low Trustpilot score (1.5/5) and the absence of a verifiable license, with very high risk that argues against use. As of 23 July 2026 the historic transact365.com domain is unreachable (persistent timeout) and transact365.io has an expired TLS certificate: the only active site is t365.io.

17
Transparency: Very low
17/100 · see methodology
17
Data exposure: Minimal
17/100 · lower is better for sovereignty · methodology

Data & conditions

Service type Card issuing / BaaS
Pricing model Hybrid
Fiat rails SEPA, SWIFT
Fund custody Self-custody (funds in your control)
KYC Full
Supported countries APAC, AFRICA · 30+ countries
Regulator Financial Conduct Authority (FCA)
OAM Italy registration No
Segment B2B
MiCA / License status Authorised Payment Institution / EMI

Strengths

  • potential copertura markets emerging Asia/Africa.
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • ⚠️ Trustpilot 1.5/5; no verifiable license; very high risk; as of 23/7/2026 transact365.com is unreachable and transact365.io has an expired TLS certificate (only t365.io remains active).
  • Full KYC required: verified identity, zero pseudonymity.

Verdict

D C ★ 2.0/5 ★ 2.1/5

This is the category's lowest score (tier D) for reasons that bear directly on protection: a 1.5/5 Trustpilot score and the absence of a verifiable license, despite the FCA reference. Without a demonstrable license and with such negative user feedback, the risk is very high and use is discouraged.

Through this lens it is also worth little, but not for the right reasons: it remains a custodial payment institution with full KYC, not a trustless system. The lack of a verifiable license, which for sovereignty might seem neutral, here compounds dismal reliability and offers neither real privacy nor self-custody in return.

Privacy & anonymity 30% 0.5
Fund control 20% 5.0
Censorship resistance 20% 1.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

What service does Transact365 offer?

Transact365 is a Card Issuing & BaaS service with a hybrid model pricing.

What compliance does Transact365 hold?

Compliance certifications are not publicly documented.

How much does it cost to integrate Transact365?

Pricing model: a hybrid model. Per-unit fees are not published: they depend on volume and contract.

Does Transact365 support stablecoins?

Supported stablecoins are not documented.

Who is Transact365 for?

Target: B2B. SDKs and integrations are not publicly documented.

Sources

Show 4 more sources

Update history

  1. Official URL updated to t365.io, the only active domain (HTTP 200, the 'Think Local, Go Global' site of 365 MONEY INC.): transact365.com times out persistently and transact365.io has an expired TLS certificate. Rating unchanged (2, tier D): the underlying issues — 1.5/5 Trustpilot and unverifiable license — remain.

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