ePayments has decided to close the business

CrakRevenue

Neil

Grandpa affLIFT
Staff Member
Community Leader
Joined
Dec 1, 2018
Messages
2,994
I got an email from ePayments today stating they are closing, so if you have been using them I'd suggest you check your email and withdraw any funds ASAP!

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Here's the full email for anyone interested:

ePayments has begun the process of closing its doors and entered into an orderly, solvent wind-down.

As you will be aware, the business has been closed for the past three years after our regulator (the UK Financial Conduct Authority (the FCA)) identified some weaknesses in our financial crime controls. We have over this period been working hard to ensure these are up to the required standard, but in these extremely challenging and unprecedented global economic conditions, and with the business being restricted for such an extended period we can no longer sustain the business to build back to what the FCA require and a ‘business as usual’ state.

In practice, this means that we will not return to full operations and will now focus entirely on providing customers with refunds and working through the process of closing your accounts as we close down the business.

Your funds with us remain in safeguarded accounts. The
 
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