Paystree is a UK-based electronic money institution that offers a range of financial services. Authorized and regulated by the Financial Conduct Authority, Paystree provides payment accounts primarily to medium to large-sized enterprises located in the United Kingdom. It offers personal accounts with IBAN, business accounts with IBAN, and payment cards to both individuals and companies. Paystree serves a variety of industries including information technologies, sales, construction, food and drink, and healthcare. Its business model is based on classic banking services, enhanced by IT technologies for faster and more efficient payments compared to traditional banks. With features like free money transfers, free card payments, and bank beating exchange rates, Paystree positions itself as a competitive choice in the financial services market.
- Year Founded: It was founded in 2017.
- Headquarters: Paystree is headquartered in Southend-on-Sea, Finance House, 20 – 21 Aviation Way, United Kingdom.
Why choose Paystree?
- Focused on Businesses: It is mainly focused on medium to large-sized enterprises, particularly in the United Kingdom.
- Variety of Industries: Paystree serves a variety of industries such as information technologies, sales, construction, food and drink, and healthcare.
- Efficient Payments: The business model of Paystree is based on classic banking services supported by IT technologies for faster, more efficient payments in comparison to traditional banks.
- Free Transfers and Payments: Paystree claims to provide free money transfers, free card payments, and bank beating exchange rates.
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