Paydek

UK FCA-regulated payroll payment institution

Key Data

  • Trading Names: Paydek
  • Legal Entities: DEK-CO (UK) LTD
  • Activities: payment processor
  • Locations: United Kingdom
  • Regulations: FCA-regulated payment institution
  • Key People: Anton Postolnikov

Paydek was founded in 2009 in the United Kingdom. Anton Postolnikov, a US citizen, now founds the company. PayDek is run by the same people who run Paxum (PR42 profile) and Paxum Bank. The websites of these three providers are almost identical. Only the legal entities behind them are different.

The Offering

Paydek specializes in payroll payments, offering SEPA and ACH accounts for businesses and individuals in Europe and the United States. The accounts can be equipped with Visa and MasterCard debit cards.

The accounts are free for businesses and individuals. Likewise, incoming WIRES and SEPA transfers via IBAN are free of charge.

For all other payment services, PayDek has published a comprehensive price list on its website.

Conclusion

There is only one review on Trustpilot that rates PayDek with one star. The lack of reviews is strange because PayDek has been active since 2009. Moreover, the related Paxum scheme has been involved in some questionable financial transactions that caught the attention of the media and authorities. Thus, we include PayDek in our Orange Compliance list.

 

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