Jeton Card
Jeton · Mastercard
The Jeton Card is a Mastercard debit card linked to a Jeton e-money account with a dedicated IBAN for SEPA transfers, operated by LA Orange CY Limited (EMI authorized by the Central Bank of Cyprus, licence 115.1.3.66) and distributed in the UK by LA Orange Limited under FCA registration 902088. The account is custodial and requires full KYC. No monthly or annual fee; first virtual card free, extra virtuals €1, physical €15. 0% FX on card purchases; ATM 0.5% in the UK and 0.5% + 2% outside the UK. Multi-currency account with 20+ currencies.
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato |
| Network | Mastercard |
| ATM withdrawal | 0.5% |
| Free ATM limit | $700/tx · $2,000/day · $10,000/month |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK · 31+ countries |
| Regulator | Central Bank of Cyprus |
| OAM Italy registration | No |
| Segment | B2C |
| Funding / solidity | Jeton is an e-money brand offering an account and Mastercard card operated by LA Orange CY Limited, an EMI authorised by the Central Bank of Cyprus and based in Limassol (Cyprus); UK distribution is handled by LA Orange Limited, an FCA-registered EMD Agent. |
| MiCA / License status | EMI Central Bank of Cyprus n. 115.1.3.66 (LA Orange CY Limited)UK FCA EMD Agent reg. 902088 (LA Orange Limited) Custodial e-money account regulated as an EMI by the Central Bank of Cyprus (licence no. 115.1.3.66, LA Orange CY Limited) under the Electronic Money Law 81(I)/2012; UK distribution by LA Orange Limited as an FCA-registered EMD Agent no. 902088. |
Strengths
- EU/UK regulated EMI (Central Bank of Cyprus + FCA registration)
- Dedicated personal IBAN included for SEPA transfers
- No account fee and 0% FX markup on purchases; multi-currency account (20+ currencies)
- No notable sovereignty advantage documented.
Weaknesses
- Custodial account with full KYC, not self-sovereign
- Relatively pricey physical card (€15) and costly ATM outside the UK (0.5% + 2%)
- Coverage effectively limited to EEA/UK; founding and ownership details thinly disclosed
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Custodial e-money account regulated as an EMI by the Central Bank of Cyprus (licence no. 115.1.3.66, LA Orange CY Limited) under the Electronic Money Law 81(I)/2012; UK distribution by LA Orange Limited as an FCA-registered EMD Agent no. 902088.): reporting to authorities and freezes on order.
Verdict
EU/UK-regulated e-money instrument: the account is custodial and customer funds are subject to safeguarding at an authorised institution (EMI Central Bank of Cyprus no. 115.1.3.66, UK distribution FCA 902088). It is not covered by a bank deposit guarantee scheme; protection relies on segregation of safeguarded funds.
Low sovereignty: fully custodial account with mandatory KYC and no self-custody of keys. The issuer controls the funds and can freeze or restrict access; no self-sovereign control for the user.
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
Does the Jeton Card include an IBAN?
Yes: the Jeton account provides a dedicated IBAN for SEPA transfers, under an EMI licence from the Central Bank of Cyprus.
How much is the physical card?
The first virtual card is free; extra virtuals cost €1 and the physical card €15, with no monthly or annual fee.
Sources
- Official service page Canone · Fee emissione · Fx · Atm · +8 Data verified on Jun 23, 2026
- blog.jeton.com Paesi num Data verified on Jun 23, 2026
- todey.xyz Payment network · Kyc · Regioni Data verified on Jun 22, 2026