Article facts
| Field | Visible value |
|---|---|
| Operating name | 2PayApp |
| Legal entity | 2PAYAPP LIMITED |
| Incorporated | British Columbia, Canada |
| Incorporation number | BC1403993 |
| FINTRAC MSB registration | M23468538 |
| Bank of Canada PSP registration | RPS0002913 |
| Is it a bank? | No |
| Customer type | Legal entities only |
| Last reviewed | 2026-09-09 |
What the platform does
Depending on the configuration approved for a company, 2PayApp can provide:
- EUR, GBP and USD balances in one business payment account;
- access to SEPA, SEPA Instant, Faster Payments, SWIFT and ACH;
- a dedicated GB IBAN and virtual IBANs for identifying incoming payments;
- receipt of settlement payouts from acquiring banks, payment service providers, payment facilitators and card-acquiring platforms;
- currency exchange between supported currencies;
- corporate crypto exchange for eligible legal entities;
- an online dashboard with multi-user access and a dedicated account manager.
Not every capability is included for every customer. The currencies, rails, account details, limits and pricing available to a company are determined after the compliance review and stated in that company's individual offer.
What 2PayApp does not claim to be
2PayApp does not claim to:
- be a bank or a deposit-taking institution;
- hold a banking licence;
- provide deposit insurance;
- provide card acquiring or card acceptance;
- serve individuals — the platform is for companies;
- guarantee that an application will be approved.
Who can use it
2PayApp serves legal entities. Companies registered inside or outside the European Union may apply, subject to supported jurisdictions, business activity, ownership structure and compliance approval.
Typical customers include online and offline merchants, e-commerce and marketplace businesses, digital-service providers, importers and exporters, professional-service firms, and holdings with several entities.
Frequently asked questions
Is 2PayApp a bank? No. See Is 2PayApp a bank?.
Can an individual open an account? No. The platform serves companies.
Does 2PayApp process card payments for merchants? No. Card acceptance is arranged separately with an acquiring provider. 2PayApp can receive the resulting settlement payouts.
Does every customer get the same account? No. Features are confirmed in the individual offer after the compliance review.
This article is explanatory. The applicable customer agreement, individual offer and service documentation prevail if they differ from it.