Payset Payset
A plan byPayset
An FCA-regulated EMI supporting 34 currencies, accepting crypto-related businesses and offering a dedicated account manager. Multi-currency Mastercard cards are only expected in 2026, and high-risk pricing is not public but set on a case-by-case basis.
Payset
- Price
- Free
- Issuance fee
- Free
- Cashback
- 0%
- Cashback currency
- Nessuno
- Required staking
- Nessuno
- ATM fee
- 0%
- ATM limit
- Nessuna carta disponibile al momento; lancio previsto 2026
- Net annual cost
- Free
What's included
- UK EMI multi-currency
- SWIFT/SEPA
- Card issuing
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · GB, EU, US |
| Multi-currency | Yes · 34 currencies |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | No |
| SEPA direct debit (SDD) | No |
| On-chain crypto withdrawal | No |
| SEPA transfer | €2 |
| Interest on balance | 0% |
| ATM withdrawal | Free |
| Free ATM limit | Nessuna carta disponibile al momento; lancio previsto 2026 |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA, UK, APAC, LATAM, MENA · 180+ countries |
| Regulator | FCA |
| OAM Italy registration | No |
| Segment | B2B |
| MiCA / License status | EMI FCA (UK) |
Strengths
- FCA regulated; 34 currencies; accepts crypto-related businesses; dedicated account manager.
- No notable sovereignty advantage documented.
Weaknesses
- Multi-currency cards coming (2026); high-risk pricing not public.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (FCA (UK)): reporting to authorities and freezes on order.
Verdict
An FCA-regulated EMI, Payset supports 34 currencies and pairs them with a dedicated account manager, a solid base for the business segment. The rating stays mid-tier because multi-currency Mastercard cards arrive only in 2026 and, above all, high-risk pricing is not public but set case by case, reducing cost transparency.
Its crypto-native angle is concrete: Payset accepts crypto-related businesses, a rare opening among FCA-regulated EMIs. It stays custodial with full KYC, though, useful as a fiat bridge for crypto activity rather than a tool for self-custody or fund privacy.
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
Is Payset a real bank?
Payset operates under a EMI licence (GB). It is regulated by FCA. Fund protection: Safeguarding — no deposit guarantee.
Can I send transfers to third-party IBANs with Payset?
The ability to send transfers to third-party IBANs is not documented; check the official website.
Does Payset support direct debits and utility billing?
SEPA direct debit (SDD): not documented. Utility-bill domiciliation: not documented.
Which fiat currencies does Payset support?
The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.
Can I withdraw crypto on-chain from Payset?
On-chain crypto withdrawal is not documented; check the official website.
Sources
- Official service page Plans & pricing · Regulatory framework · Issuer · IBAN countries · +7 Data verified on Jul 13, 2026
- crunchbase.com Investors Data verified on Jun 15, 2026
- finder.com Plans & pricing Data verified on Jun 14, 2026
- listings.ratex42.com Company profile Data verified on Jun 14, 2026
Show 1 more source
- trustpilot.com Trust & safety Data verified on Jun 14, 2026