The company has been regulated by the Central Bank of Ireland since 2010 as a payments institution. However, once Britain leaves the EU that authorisation will no longer be valid in the UK.
The development means that fire.coms customers will be able to continue to access the company’s payment services no matter what the outcome of the ongoing uncertainty over Brexit.
These include sterling & euro accounts, banks transfers and debit cards.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now