PPS EU SA

E-money or payment institution · Brussels, Belgium

PPS EU SA is the Brussels-based electronic money institution behind Edenred Payment Solutions, formerly PrePay Solutions. It holds an e-money licence from the National Bank of Belgium granted in September 2019, carries company number 0712 775 202 and BIC PESOBEB1, and passports across Europe. It does not sell business bank accounts to companies directly. Instead it supplies card issuing, e-money accounts, payment processing and APIs to other companies, which run the customer-facing brand as its agent or distributor, and it names Tide, Monese, thinkmoney, Sainsbury's, Ticketmaster and TUI among the businesses using it. Customer money is safeguarded in a segregated account at an authorised bank or covered by insurance rather than protected by a deposit guarantee scheme.

Legal name: PPS EU SA
Regulated by: National Bank of Belgium (electronic money institution)
Licence confirmed: yes, on a regulator's own list
Established: 2019
Website: eps.edenred.com

Scores, 0 to 10

8.5Fintech companies that need a partner bank

Serving fintechs is the business: APIs for accounts, cards and payments, EMI agent and distributor status under FCA and National Bank of Belgium licences, and named clients including Tide, Monese and thinkmoney. · source

7.0Europe (EU, EEA, Switzerland)

Electronic money institution licensed by the National Bank of Belgium since September 2019, registered in Brussels under company number 0712 775 202 and passporting across Europe. · source

7.0Business cards (Visa, Mastercard)

Mastercard issuing in the EEA with virtual and physical cards and in-house processing, sold to companies that embed the cards in their own products. · source

5.5Financial strength & stability

Part of the Edenred group and licensed in two jurisdictions since 2019, but PPS EU SA publishes no accounts, no capital figure and no credit rating of its own. · source

5.0Online businesses: e-commerce and SaaS

Gift card and retail are two of the named use cases, with Sainsbury's, Ticketmaster, New Look and Virgin Experience Days shown as clients, but there is no merchant acquiring or multi-currency collection account. A configurable API suite for accounts, cards and payments is the core product, but there is no receiving account for a software company's own revenue and no recurring-revenue financing. · source

4.0Startups & VC-backed companies

EPS says it supports both regulated and unregulated companies and lets them reach market as its agent, but it offers no lending, no equity and no pre-revenue programme. · source

4.0Customer satisfaction

Trustpilot holds no profile for eps.edenred.com, so there is no public review record for the entity itself; end users review the client brand instead. · source

3.5Lowest fees

No price list is published anywhere on the site; every product and industry page routes to a Get in touch form instead of a rate card. · source

3.5Fast digital onboarding

There is no online application; a client becomes an EMI agent or distributor through a sales process, and EPS publishes no time to launch. · source

3.5Foreign-owned & non-resident companies

EPS publishes no onboarding criteria for foreign-owned companies; clients are onboarded through a sales process, not a published policy. · source

3.0Crypto-friendly bank

Edenred Payment Solutions publishes no policy on crypto businesses and lists no digital-asset programme among its use cases, which are embedded finance, digital banking, gift card, B2B payments and buy now pay later. · source

3.0Cross-border payments, FX and multi-currency accounts

PPS EU SA is a euro-area e-money issuer with BIC PESOBEB1; EPS publishes no currency list, no FX margin and no cross-border payout corridors. The product set is card issuing, e-money accounts and payment processing; there is no cash pooling, hedging or multi-currency treasury structure on offer. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

EPS publishes no policy on gambling, cannabis, adult or forex clients; its named industries are insurance, retail, fintech and travel. · source

2.5On-ramp: buy crypto with fiat

Evidence is thin but points one way: a programme running on PPS EU accounts, Green-Got, lists financial activity involving crypto-currencies among prohibited activities, and a bank profile says PPS EU does not support crypto-related businesses or transactions, though no PPS EU rule on single transfers to exchanges was found. · source

2.0Best interest on business balances

Customer money is safeguarded in a segregated account or covered by insurance, and EPS publishes no interest, sweep or treasury yield product. · source

2.0Off-ramp: crypto to fiat in a business account

PPS EU publishes no source-of-funds process for crypto proceeds, and the same partner terms bar crypto-currency activity on its accounts, so a company should not expect it to take in exchange proceeds; evidence is thin. · source

1.5Trade, manufacturing & import-export

No letters of credit, guarantees, documentary collections or supply-chain finance appear in the product range, which is cards, e-money accounts and processing. · source

1.0Crypto wallet and custody for a business

PPS EU SA, the Edenred group's Belgian e-money institution, is not registered as a crypto service provider and offers card issuing, e-money accounts and processing only, with no crypto holding, checked September 2026. · source

1.0Accept crypto payments

PPS EU's use cases are embedded finance, digital banking, gift cards, B2B payments and buy now pay later, with no crypto acceptance for merchants, checked September 2026. · source

1.0Bitcoin

PPS EU offers no bitcoin buying, holding or transfer and holds no crypto registration, checked September 2026. · source

1.0Ethereum

PPS EU offers no ether or token service, checked September 2026. · source

1.0Stablecoins (USDC, USDT and others)

PPS EU offers no stablecoin accounts, payouts or conversion; the Edenred group tested a euro stablecoin meal voucher in 2023, but no product came out of it on PPS EU, 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.