At Paynopain Financial Services, S.L., the security of our users’ funds is an absolute priority. For this reason, we implement specific protection mechanisms that ensure the custody and segregation of funds received as part of our payment services.
The funds we manage are deposited in segregated bank accounts, fully separate from the company’s own resources and those of any other person or business. This ensures that these funds are identified and protected at all times, with no risk of being used for other purposes.
When funds have not yet been delivered to the beneficiary by the end of the next business day after receipt, they remain deposited in specific accounts at credit institutions.
In addition, our users benefit from additional legal protection: in case of insolvency, legislation recognizes a right of separation over these funds and assets, meaning they are excluded from possible claims by other creditors of Paynopain.
These measures are applied in accordance with Regulation (EU) 2015/2366 (PSD2) and Royal Decree-Law 19/2018, of 23 November, on payment services and other urgent financial measures, under the supervision of the Bank of Spain, where you can check our registration as an authorized payment institution:
https://www.bde.es/wbe/es/punto-informacion/contenidos/registros/registros-entidades/
At PaynoPain, we collaborate with companies that share our vision of innovation, quality, and technological excellence. If you offer complementary solutions or want to distribute our products, together we can go further. We offer you support, training, and real opportunities for joint growth, with global impact.