Econt Financial Services EOOD

E-money or payment institution · Ruse, Bulgaria

Econt Financial Services is the payments company of Econt, the Bulgarian courier group, and holds a Bulgarian National Bank electronic money licence granted on 10 June 2021. Its product is Ecoints, a mobile wallet with a personal euro IBAN and a Visa debit card. The wallet exists mainly to pay for Econt parcels, to collect cash on delivery without going to an office and to send money between users. It serves adult individuals with a Bulgarian ID card and a Bulgarian phone number, so a company cannot open an account with it at all. Cash is paid in and taken out at Econt Express offices, which act as registered agents.

Legal name: Econt Financial Services OOD (Еконт финансови услуги ООД), EIK 205968825
Regulated by: Bulgarian National Bank (electronic money institution, Decision No. 188 of 10 June 2021)
Licence confirmed: yes, on a regulator's own list
Website: ecoints.com

Scores, 0 to 10

6.0Lowest fees

Free account opening and maintenance, free virtual Visa card, EUR 0.35 outgoing SEPA transfer, 0.69% to top up from a payment card and EUR 7.67 for a physical card. · source

4.0Business cards (Visa, Mastercard)

Visa Debit with a free instant virtual card, EUR 7.67 for a physical card, no monthly card fee and no fee on purchases inside the EEA, but personal cards only with no employee cards or spend controls. · source

3.5Financial strength & stability

Licensed and supervised by the Bulgarian National Bank under Decision No. 188 of 10 June 2021, but it publishes no accounts, no capital figure and holds no credit rating. · source

3.0Europe (EU, EEA, Switzerland)

Holds a full Bulgarian National Bank e-money licence and pays out over SEPA and instant euro credit transfers, but registration needs a Bulgarian ID card and phone number, so no other EU resident and no EU company can open an account. · source

3.0Customer satisfaction

The Ecoints Wallet iOS app scores 2.9 out of 5 from 132 ratings, with repeated complaints about identity verification failing at sign-up. · source

2.0Fast digital onboarding

Sign-up is instant for a Bulgarian individual, but there is no business application at all: the terms describe the customer as a natural person with legal capacity. · source

2.0Online businesses: e-commerce and SaaS

The wallet receives cash on delivery from Econt parcels without an office visit and pays shipping charges free of fee, but there is no acquiring, no merchant account and no company account. Single euro consumer wallet with no company accounts, no USD receiving account, no API and no accounting integrations. · source

2.0High-risk verticals (iGaming, cannabis, adult, forex)

The card tariff prices gambling and betting transactions at EUR 1.00 plus 1%, so such card payments are allowed, but no operator in any high-risk vertical can hold an account because accounts are personal only. · source

1.5Crypto-friendly bank

The framework contract opens accounts only for individuals, so a crypto exchange, broker or miner cannot be a customer; the terms and tariff say nothing about digital assets. · source

1.5Best interest on business balances

The published tariff has no savings, deposit or interest line; the account holds electronic money and the minimum balance is EUR 0. · source

1.5Fintech companies that need a partner bank

Econt Financial Services is itself a small EMI collecting cash through courier offices; it offers no safeguarding accounts, no BaaS and no rail access to other payment firms. · source

1.0Cross-border payments, FX and multi-currency accounts

One currency only: the terms provide for euro accounts, and outgoing transfers go over BISERA, instant euro credit transfer or SEPA within the EEA, capped at EUR 2,500 per payment. A single euro account per profile, one profile per person, no pooling, no API and no corporate access. · source

1.0Startups & VC-backed companies

No company can hold an account, so there is no startup product, no venture debt and no founder onboarding. · source

1.0Trade, manufacturing & import-export

No letters of credit, guarantees or supply chain finance; the tariff covers only wallet transfers, cash handling at Econt offices and card fees. · source

1.0Foreign-owned & non-resident companies

You can register only with a Bulgarian mobile number and a valid Bulgarian ID card, and only if you are of full age. · source

1.0Crypto wallet and custody for a business

The Ecoints wallet terms open euro e-money accounts only for Bulgarian citizens acting as consumers and say the account cannot be used for business purposes; the terms mention no crypto holding of any kind, checked September 2026. · source

1.0Accept crypto payments

Econt Financial Services offers no crypto acceptance; its wallet supports euro transfers, QR payments and cash in and out at Econt Express offices only, checked September 2026. · source

1.0Bitcoin

The Ecoints terms and tariff cover euro e-money only and offer no bitcoin service, checked September 2026. · source

1.0Ethereum

The Ecoints terms offer no ether or token service, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

The Ecoints terms offer no stablecoin holding, payouts or conversion, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.