EUROPROTECTION PAY - A NEW CONCEPT

E-payments is taking the lead as a method payment, while debit, credit and prepaid cards, are replacing cash to a significant degree, making plastic money a daily reality. The key issues for the payments industry revolve around fraud prevention and driving down the costs of making payments.

Electronic commerce and electronic business are the inevitable mediums of exchange in an increasingly wireless world. Alternative payments such as E-Wallets, card payments, mobile and digital currencies, are playing an increasingly prominent role in the market.

The costs associated with the back-office processing of payments can be significantly lowered by moving to electronic payment methods.

Considering the global needs and demand for digital payment services, we are enhancing our digital payment solutions & services including, Prepaid Cards, E-Wallets, online payment gateway, EFTPOS Devises and Mobile EFTPOS Devises.

EUROPROTECTION

EuroProtection Brokers S.A. is a licensed Multiline Insurance and Reinsurance Broker supervised by the Bank of Greece, launched in 1994 by its founder and current Managing Director, George Papayannopoulos, continuing a 90- year family history in the private insurance sector.

Its management team includes experienced insurance professionals, with managerial positions at leading insurers, but also successful executives to support the company’s expansion to the fast-growing sector of e-payments (including mobile EFTPOS Devices), e-wallet, digital payments, prepaid and debit and credit cards.

EuroProtection launched in early 2021, EuroProtection Pay Ltd,   as a co-founder and 76,08% shareholder of a Joint Venture (JV) with STREAMFLOW EAD (co-founder and owner of the remaining 23,92%), becoming its exclusive provider in Greece and Cyprus of electronic payment services and  solutions for all economic sectors and in Bulgaria for the insurance sector, to grow the existing market shares. This strategic partnership will include JVs in other European Countries, with the synergy of the strategic partner of EuroProtection Brokers S.A., Costero Brokers Ltd (Broker at Lloyd ’s of London).

STREAMFLOW EAD

Streamflow EAD, an evolution of Streamflow EOOD who was founded in 2014 and since 2018 is an EMD Agent regulated and authorized by the Financial Conduct Authority, reference number 902074, acting on behalf of Prepaid Financial Services Ltd who is authorized and regulated by the Financial Conduct Authority as an Electronic Money Institution with registration number Streamflow EAD since May 2020 is also an EMD Agent regulated and authorized by the Financial Conduct Authority, reference number 902822, acting on behalf of Payrnet Limited who is authorized and regulated by the Financial Conduct Authority as an Electronic Money Institution with registration number 900594. Streamflow EAD is also the programme manager and an authorised Intermediary, acting on behalf of UAB “PAYRNET”- a company incorporated in the Republic of Lithuania (company number: 305264430 with its head office at AltSpace, Islandijos str. 6, LT-01117, Vilnius, the Republic of Lithuania and its registered office at Girulių str. 20, LT-12123 Vilnius, the Republic of Lithuania. PayrNet is an Electronic Money Institution (“EMI”) and is authorised by the Bank of Lithuania under the Law on Electronic Money and Electronic Money Institutions (license no 72, authorization code LB001994, issued on 2020-08-28) for the issuing of electronic money and provision of the related payment services.

Oct-2020 Greece

12.986 Active Users

EUROPROTECTION PAY

Exclusive Representative in all sectors

Oct-2020 Bulgaria

15.040 Active Users

EUROPROTECTION PAY

Exclusive Representative in the Insurance Sector

Oct-2020 EUROPE

24.985 Active Users

USERS ANALYSIS

Virtual Cards 23.069,
Plastic Cards 2.757

PRODUCT AND SERVICE OVERVIEW

EUROPROTECTION PAY

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