FairFX is a specialized, UK-based money transfer and currency exchange provider focused on TravelMoney by using credit cards, online bank transfers, or debit cards to complete currency exchanges.
The company offers three main services:
- currency cards
- international payments
- and travel cash
The Currency Card is similar to other debit cards and can be used online, at ATMs, and stores.
FairFX PLC d/b/a FairFX is part of the public-listed Equals Group Plc fintech group (=>profile). The company has been regulated by the FCA as an E-Money Institution with reference number 488396 since May 2018.
FairFx used Wirecard’s technology until its insolvency in June 2020, which led to thousands of customers being unable to access their funds in the summer of 2020.
At TrustPilot, FairFX has received a rating of 9.1/10 out of 4,390 reviews. 82.6% of the ratings are 5 stars.
We inlude the payment processor in our “Green Compliance” list.