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Payset

Payset (Pay Set Limited, an FCA-authorised electronic money institution) offers multi-currency business accounts with international transfers and currency exchange across 35 currencies. Businesses can receive payments through domestic virtual IBANs in key territories. They can also make bulk and scheduled recurring payments and manage team permissions. Client funds are safeguarded under FCA rules.

Fees from
Free signup and 35-currency holding; local receive/send (EUR/USD/GBP) from £2; international up to 0.4-0.5% (min £10-18); CHAPS from £14-15; FX markup 0.9% down to 0.09% by 90-day volume; unlimited users free
Settlement
—
Coverage
1 country
Payment methods
10
Dev tools
Sandbox Webhooks

Fees shown are indicative, not a binding quote — always verify with Payset before signing. Visit Website is an external link; we may earn a commission.

Payset overview

Best for

SMBs and growing companies, such as travel, events, import/export and holding businesses, that need multi-currency business accounts and cross-border payments.

Payset pricing & fees

Pricing structure

Pricing
Free signup and 35-currency holding; local receive/send (EUR/USD/GBP) from £2; international up to 0.4-0.5% (min £10-18); CHAPS from £14-15; FX markup 0.9% down to 0.09% by 90-day volume; unlimited users free
Your business must be registered in
Not disclosed

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Payset settlement & payouts

Payouts

Settlement time
Not collected yet
Settlement currencies
Not collected yet

We haven't collected settlement details for Payset yet. Confirm payout timing and currencies directly with Payset before signing.

Payset API & integration

API Profile

Sandbox
Not listed
Webhooks
Not listed

Payset coverage & payment methods

Supported countries

1 country
GB

Payment methods

AchBank TransferChapsEftFaster PaymentsFedwireSepaSepa InstantSwiftVirtual Account

Payset licensing & compliance

Legal & Compliance

Licensed entity · regulatorily responsible

Pay Set Limited

United Kingdom

Licenses

E-Money Institution GB

FCA E-Money Institution (UK)

Financial Conduct Authority (UK)

License numbers & register records

1 license number · 1 register record on file for Payset, with status history and links to verify each one at the regulator — free with a PaymentProviders account.

Log in — it's free

Using ChatGPT or Claude? Ask it to prepare your application to Payset. It can fill in your business profile for you, and you review and sign it here — nothing is sent before that. How assistants do it

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