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Electronic Money Terms

Last updated 15 Sep 2021

  • Through our partnership with Optimus Cards UK Limited which is authorised and regulated by the Financial Conduct Authority to issue e-money (FRN: 902034) pursuant to the Electronic Money Regulations 2011 (“Optimus”), we collectively provide electronic money accounts for fiat currencies and related payment services. 

    Uphold Europe Limited (“Uphold”) is an EMD agent of Optimus. 

    The e-money services enable you to hold fiat balances in various fiat currencies (e.g., GBP and USD) in e-money accounts (“E-Money Account”) and transfer fiat funds to other users of the Platform and third parties using funds held in your E-Money Account. The currencies available are set out on the Platform. 

    Please read these Terms and Conditions (the “Terms”) carefully before you agree to use an E-Money Account or any related services provided by or through Optimus.

    Terms not defined in these Terms have the same meaning given to them in the Agreement. 

    References to “we” and “us” in the Terms refer to Uphold and Optimus (as the case may be).