SCA - Strong Customer Authentication in embedded finance
27 Jan 2023

What you need to know about Strong Customer Authentication in embedded finance

As a product manager of a SaaS or mobile application, you’ll already have a constant eye on ways to improve the security and user experience of […]

Product updates from Weavr
19 Dec 2022

Weavr product updates Dec 2022

Before the holidays, we’ve got a 🧑‍🎄 sackful of recent product updates to share, including instant EUR bank transfers, multifactor authentication features, a new option to […]

Product updates from Weavr
29 Sep 2022

Weavr product updates September 2022

This September we’ve got a couple of important updates to share, and both make it easier to get started with embedded finance, build adoption among your […]

Product updates from Weavr
22 Jul 2022

Weavr product updates July 2022

At Weavr, we’re on a mission to make it easy for you to add powerful fintech features to your applications, without your team needing to become […]

22 Apr 2022

Who benefits from embedded finance?

How much hassle do you want? Most people would wish for little or none, yet businesses are inadvertently creating it all the time, whether for themselves […]

17 Mar 2022

The rise of Digital Wallets — a faster, frictionless and safer way to pay

The thought of making purchases using your phone might once have felt like something out of science-fiction. But now that’s not just a reality, it’s everyday. […]

Product updates from Weavr
15 Mar 2022

Weavr product updates: UK faster payments, more spend rule options, Emoji-friendly card names, Forex configuration, Twilio customer authentication, and more!

Product updates! Two weeks after announcing our Series A and sign-posting our upcoming launch in the US, we’re proud to share what our dev team have introduced […]

30 Jun 2021

A developer’s guide: how to embed finance functionality in your app

Whether you’re a legacy company adapting to stay ahead or you’re a startup creating your own inroad, embedded finance can set your business up to capitalise […]

Guide

What is embedded finance?
Everything you need to know to supercharge your business.
Download guide
Paystratus Group Ltd 2019-2023, All rights reserved.
Weavr is the trading name for Paystratus Group Limited, a company registered in England and Wales with registration number 11677111 and registered office at 128 City Road, London EC1V 2NX United Kingdom.

The Payment account and Mastercard cards are issued by Paynetics AD (via Paystratus Group Ltd, a Technical Provider of Paynetics AD) with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695 and VAT BG131574695, pursuant to license by Mastercard International Incorporated and Bulgarian National Bank.

To ensure your funds are safe Paynetics follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics keeps your money separate from its own money and place it in a safeguarding account with a Bank.

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts.

In the event of Paynetics going out of business, an insolvency practitioner would be appointed to return the funds Paynetics has safeguarded to the customers. This means you would get most of your funds back, except for the costs deducted by the insolvency practitioner for returning the funds to the customers
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