Our agreements with you

*MetaX Payments Ltd. is incorporated in Canada (Corporation No. BC1406436) with its registered office at 28196 28 55A Avenue, Langley, British Columbia, V3A 3X2. The company is registered as a Money Services Business with FINTRAC under registration number M23579425.

MetaX Payments Ltd. is not a bank, credit union, or deposit-taking institution. MetaX Payments Ltd. facilitates payment solutions through partnerships with various regulated financial institutions across multiple jurisdictions to operate a payment aggregation platform. Client Funds are not covered by any deposit protection scheme, deposit guarantee scheme, or any other type of insurance program (such as the FDIC, CDIC, FSCS, etc.) in any jurisdiction. Client funds are, however, safeguarded in accordance with the applicable regulatory safeguarding requirements.

MetaX Payments Ltd provides GBP and USD Multi-currency accounts as a distributor of Frost Money Ltd. Frost Money Ltd is an Electronic Money Institution registered with the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN 936270). Client funds are safeguarded in UK- or EEA-authorised credit institutions but are not protected by the Financial Services Compensation Scheme.

MetaX Payments Ltd is appointed under Regulation 33 of the EMRs to distribute and/or redeem electronic money on behalf of Frost Money Ltd and is not itself authorised to issue electronic money or provide payment services. More details can be found in the Frost End-User T&Cs, which you must agree to before using any services provided by Frost Money Ltd.