Spectrum Payment Services Ltd (SPS) d/b/a CardOneMoney is part of the Equals Group PLC (=>profile). SPS is a payment institution regulated by the UK Financial Conduct Authority (FCA) with the reference number 504547.
SPS is a member of the UK Faster Payments Scheme and has also been accepted by the European Payments Council (EPC) to join the SEPA Instant and SEPA Credit Transfer schemes for Euro payments.
SPS is offering its payment services to high-risk merchants such as forex traders and online brokers.
CardOneMoney has a 4.5-star rating on Trustpilot with more than 330 reviews and a corresponding “Excellent” trust level.
We have not received any negative signals about the payment processor so far but it has been exposed by FinTelegram that the illegally operating offshore broker IC Markets used the payment processor. Thus, we included it in our “Orange Compliance” list.