Key Data

• Trading Name: VIABUY
• Legal Entity: Dock Financial S.A.
• Activities: Prepaid MasterCard issuer
• Location: Luxembourg
• Regulations:  authorized by the Luxembourg Financial Sector Supervisory Commission (CSSF) as an e-Money Institution (EMI)
• Key People: Philip Nieland and Tobias Schreyer.

VIABUY is a brand of the Luxembourg-registered Dock Financial S.A. (previously Crosscard S.A.), authorized by the Luxembourg Financial Sector Supervisory Commission (CSSF) as an e-Money Institution (EMI).

VIABUY used to be a part of the German PPRO Group (see profile here), which was founded in 2006 by Philip Nieland and Tobias Schreyer. In 2019, Crosscard S.A. was established to operate the VIABUY business and sold to a group of investors.

Offering

VIABUY sells and issues prepaid MasterCard debit cards without a credit check or proof of income. This type of prepaid debit card is sometimes also used for illegal purposes and money laundering..

Fees

• Card payments in account currency
  Free of charge
• Foreign currency deposit
  2.75 %
• Cash withdrawal at ATM*
  5.00 EUR
• Direct payment to another VIABUY account
  Free of charge
• Outgoing domestic/SEPA transfer
  Free of charge

Review

VIABUY has an average 3.7-star rating on Trustpilot based on almost 3,000 reviews. Customer service should be good. The complaints on Trustpilot are regularly handled within a few days.

Conclusion

However, we have identified VIABUY as a payment processor and/or card issuer in several scams. Due to numerous complaints from customers about withheld funds, we have included the company in our Red Compliance light list.