Tranzap Ltd d/b/a Tranzbase is a PSD Agent registered with the UK Financial Conduct Authority (FCA) and does business on behalf of its principal Cauri LTD, an FCA-authorized Payment Institution (PR42 profile).
Tranzbase is focused on online merchants and offers bank accounts with dedicated IBAN for SEPA and SWIFT Payments in Europe (EEA) and all over the world. Additionally, a company prepaid card is offered to merchants.
The company asks for a domestic bank account a one-time set-up fee of €150, €50 per month, and €0.35 per transaction. For international merchants, account opening costs €250 with monthly costs of €100 and €35 per payment.
Tranzbase is a new player in the online payment sector. The company was established in Oct 2020 by the Latvian Eduards Apens and the Israeli Anton Konovnin, who is also the beneficial owner. The company has a share capital of more than GBP 100,000.
We have not found any complaints and thus include Tranzbase in our “Green Compliance” list.