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Payments General

fire.com secures UK authorisation for post Brexit trade

Wednesday 10 July 2019 | 02:33 PM CET

Irish online payments company fire.com has received authorisation as an e-money institution in the UK, which will enable it to continue offering services there post-Brexit.

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.com's 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.

More: Link
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