NOTE: This article is relevant only to customers in most countries of the EEA (except for Austria, Germany and Norway).
Yes, MuchBetter is an electronic wallet, and money issuer/distributor and it operates under multiple licenses in different locations across the world.
For customers located within the EEA:
Quickpay Ltd is acting as an Electronic Money Distributor (EMD) for Sureswipe E.M.I. PLC ("Sure, a public limited liability company established in Cyprus, with registration number HE366500 and registered address at 18 Kyriakou Matsi, 1st Floor, Nicosia 1082, Cyprus and authorized as an Electronic Money Institution (EMI) with authorization number 126.96.36.199, under the supervision of the Central Bank of Cyprus.
Quickpay and Sureswipe activities are supervised by the Central Bank of Cyprus which is located at 80 Kennedy Avenue, 1076, Nicosia, the Republic of Cyprus, telephone number +357 22714100. Further details of the Central Bank of Cyprus are available at its official website: www.centralbank.cy
You can find more information about this in the Terms and Conditions section of our website.