The Malta Financial Services Authority (‘’MFSA’’) has become aware of an entity operating under the name of PAYSEC. The abovementioned entity had an internet presence at https://www.paysec.com/ which is no longer online. The entity purports to be operating from a Maltese Registered Company – Pay Secure Online Ltd (C-70298) having its registered address at 115B, Suite 3, Old Mint Street, Valletta.
The MFSA wishes to alert the public, in Malta and abroad, that PAYSEC is NOT licenced NOR authorised by the MFSA to provide any investment or other financial services which are required to be licenced or otherwise authorised under Maltese law.
The MFSA strongly advices investors and consumers of financial services that prior to making any investment or entering into any financial services transaction, they should ascertain that the entity with whom the investment or transaction is being made is authorised to provide such services by the MFSA or other financial services regulatory authorities as applicable.
A list of entities authorised by the MFSA is available from the MFSA website and can be viewed through the following link: https://www.mfsa.com.mt/financial-services-register/.