Entropay.com Review 1 by Partners

Entropay.com Review

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Based on looking at the website, Entropay.com appears to be a defunct service, having discontinued its consumer product on July 1st, 2019. This means it is not a viable option for new users seeking financial services.

While it was previously involved in the issuance of electronic money and was authorized by the Financial Conduct Authority FCA, its current status renders it obsolete for practical use.

For those looking for digital payment solutions or virtual cards, exploring active and reputable alternatives is essential.

Overall Review Summary:

  • Service Status: Discontinued for consumers since July 1, 2019.
  • Availability: Not operational for new users.
  • Ethical Standing: As a discontinued service, its ethical standing is no longer relevant for current use. However, the nature of its past operations as an electronic money issuer, depending on specific features like interest-bearing accounts or linking to gambling sites, could raise concerns if it were still active. Since it is not, the primary concern is its non-functionality.
  • Current Utility: Zero.
  • Recommendation: Do not use. it is a defunct service.

Detailed Explanation:

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The information provided on Entropay.com clearly states that its consumer product was discontinued on July 1st, 2019. This is a critical piece of information for anyone considering using the service.

While it highlights its past authorization by the Financial Conduct Authority FCA and its registration details, these are historical facts.

For practical purposes, users searching for current financial solutions will find Entropay.com to be a dead end.

It is imperative to always verify the active status of any online financial service before attempting to engage with it, as using discontinued platforms can lead to frustration and potential security risks if any legacy systems were to be inadvertently accessed.

The site’s primary function now seems to be providing information about its discontinuation and offering a support email for past consumer product inquiries, indicating a shift away from active service provision.

Best Alternatives List:

  1. Wise formerly TransferWise
    • Key Features: International money transfers, multi-currency accounts, debit cards, low fees, real exchange rates.
    • Price or Average Price: Varies by transfer amount and currency, generally very competitive with transparent fee structures.
    • Pros: Excellent exchange rates, transparent fees, fast transfers, widely supported, strong regulatory compliance.
    • Cons: Not a traditional bank, some features may not be available in all regions.
  2. Revolut
    • Key Features: Digital banking, budgeting tools, international transfers, cryptocurrency exchange use with caution, disposable virtual cards.
    • Price or Average Price: Free standard account with paid tiers Premium, Metal offering more features.
    • Pros: User-friendly app, extensive features for travel and budgeting, good exchange rates, strong security.
    • Cons: Some advanced features require a paid subscription, customer service can be slow, cryptocurrency trading is not ethically aligned.
  3. PayPal
    • Key Features: Online payments, money transfers, invoicing, buyer and seller protection.
    • Price or Average Price: Free for personal transfers within the same currency, fees for international or commercial transactions.
    • Pros: Widely accepted, easy to send/receive money, robust buyer protection.
    • Cons: Higher fees for some transactions, funds can be held, customer service can be challenging.
  4. Payoneer
    • Key Features: Cross-border payments for businesses and professionals, mass payouts, virtual cards, local receiving accounts.
    • Price or Average Price: Various fees for withdrawals, currency conversion, and card usage.
    • Pros: Excellent for freelancers and businesses receiving international payments, supports multiple currencies.
    • Cons: Less geared towards individual consumer use, some fees can be higher than competitors.
  5. Stripe
    • Key Features: Payment processing for online businesses, invoicing, recurring payments, fraud prevention.
    • Price or Average Price: 2.9% + $0.30 per successful card charge standard rate.
    • Pros: Robust developer tools, highly customizable, supports a wide range of payment methods.
    • Cons: Primarily for businesses, not direct consumer use, can be complex to set up for beginners.
  6. Google Pay
    • Key Features: Mobile payments, online purchases, peer-to-peer money transfers, loyalty card storage.
    • Price or Average Price: Free for most transactions.
    • Pros: Convenient for in-store and online payments, widely accepted, integrated with Google ecosystem.
    • Cons: Relies on linked bank accounts or cards, less focused on international transfers compared to dedicated services.
  7. Apple Pay
    • Key Features: Secure mobile payments for iPhone, Apple Watch, iPad, and Mac users. in-app and online purchases.
    • Price or Average Price: Free to use.
    • Pros: Highly secure with Face ID/Touch ID, convenient, widely accepted at contactless terminals.
    • Cons: Exclusive to Apple devices, relies on linked bank accounts or cards.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Entropay.com Review & First Look: A Look Back at a Discontinued Service

When we talk about Entropay.com, it’s crucial to understand that we are discussing a service that is no longer active for new consumers.

Based on the information prominently displayed on its website, Entropay’s consumer product was discontinued on July 1st, 2019. This immediately signals that anyone looking for a current financial solution should look elsewhere.

The website primarily serves as an informational archive for existing inquiries and provides details about its past corporate structure.

Entropay was a wholly-owned subsidiary of Ixaris Group Holdings Limited.

It was registered in England and Wales and was authorized by the Financial Conduct Authority FCA under the Electronic Money Regulations 2011 FRN No: 900800 for the issuing of electronic money. Atlasmic.com Review

This past authorization indicates that, at one point, it met regulatory standards for operating in the UK financial sector.

However, the present reality is that the door for new users closed years ago.

This serves as a vital reminder for online users to always verify the current operational status of any financial platform before attempting to sign up or use its services.

The Past Life of Entropay as an Electronic Money Issuer

Prior to its discontinuation for consumers, Entropay facilitated virtual prepaid cards, which were often used for online purchases where a traditional credit or debit card might not be preferred, or for maintaining privacy.

These virtual cards provided a layer of separation between a user’s main bank account and their online transactions. App.urlgeni.us Review

The FCA authorization meant that Entropay was subject to certain regulations designed to protect consumers and ensure financial stability.

This typically involved safeguarding client funds and adhering to anti-money laundering AML protocols.

However, the specific ethical considerations of such a service, even when operational, would depend heavily on its permitted uses.

If virtual cards could be easily linked to activities like gambling or other impermissible transactions, their use would be ethically problematic.

Given that Entropay is no longer active, these specific use cases are historical. Glabs-nutrition.com Review

The key takeaway for anyone seeking digital payment solutions is to choose services that explicitly align with ethical guidelines and promote responsible financial behavior.

Why Verification of Service Status is Paramount

Websites can remain online long after their services cease to be active.

Relying on outdated information can lead to wasted time, frustration, and in some cases, expose users to risks if they attempt to interact with dormant systems.

A quick check of the “About Us” or “FAQ” sections, or even searching for recent news about the service, is a critical step in due diligence.

In Entropay’s case, the discontinuation notice is quite clear, preventing new users from mistakenly attempting to sign up. Tennissanjose.com Review

For instance, a 2023 report by the Federal Trade Commission FTC indicated that online scams cost consumers billions of dollars annually, often preying on outdated or misleading information.

While Entropay.com isn’t a scam, its defunct status underscores the broader principle of verifying active service provision.

Entropay.com Pros & Cons: An Assessment of a Closed Chapter

Given that Entropay’s consumer product is discontinued, a traditional “pros and cons” list for active use isn’t applicable.

Instead, we can only reflect on what its operational status, or lack thereof, means for a potential user landing on its site today.

The primary “con” overshadows any historical “pros” it might have once offered. Mecasso.com Review

The Overwhelming Con: Service Discontinuation

The single most significant “con” of Entropay.com is its discontinued status for consumers as of July 1st, 2019. This renders the entire service unusable for new sign-ups or transactions. For anyone searching for a functional virtual card or electronic money solution, this website offers nothing.

  • No new accounts can be created: The platform is effectively shut down for new users.
  • No new virtual cards can be issued: The core service it once provided is no longer available.
  • No active support for new inquiries: While an email address is provided for existing consumer product inquiries, it’s not geared towards onboarding new users.
  • Wasted time for prospective users: Anyone researching current virtual card providers will find this website to be a dead end, necessitating further search.

The absence of any positive features for a current user outweighs any potential historical benefits.

When assessing financial services, functionality and availability are foundational requirements.

Historical Pros For Context Only, Not Applicable Now

For the sake of historical context, and to understand what a service like Entropay aimed to provide before its discontinuation, here were some general benefits often associated with similar virtual prepaid card services:

  • Enhanced Security: Virtual cards provided a layer of anonymity and security, as they weren’t directly linked to a primary bank account. If compromised, the risk was limited to the funds loaded onto the card.
  • Budgeting Control: Being prepaid, users could only spend what they loaded, which aided in managing online spending.
  • International Transactions: Often used for online purchases from international merchants, bypassing potential foreign transaction fees from traditional banks though Entropay itself may have had its own fees.
  • Privacy: Useful for signing up for trials or making purchases without revealing primary financial details.

However, it is crucial to reiterate that these “pros” are entirely historical and hold no relevance for someone looking for an active financial service today. Restedlegs.com Review

The market has since been filled with numerous alternatives that offer these and more advanced features.

Entropay.com Alternatives: Ethical & Functional Digital Payment Solutions

Since Entropay.com’s consumer product is defunct, the real value lies in identifying robust, active, and ethically sound alternatives for digital payments and virtual cards.

The following alternatives offer modern features for managing online transactions, cross-border payments, and secure digital spending, while generally operating within widely accepted ethical frameworks that avoid interest-based lending, gambling facilitation, or other impermissible activities.

1. Wise formerly TransferWise

  • Key Features:
    • Multi-Currency Account: Hold and convert money in over 50 currencies.
    • Low-Cost International Transfers: Known for its transparent, low fees and use of the real mid-market exchange rate.
    • Wise Debit Card: Spend internationally with low conversion fees.
    • Local Bank Details: Get local bank details for 10+ currencies e.g., USD, EUR, GBP to receive payments like a local.
  • Why it’s a strong alternative: Wise is renowned for its transparency and cost-effectiveness in international money transfers, which is crucial for individuals and businesses operating globally. Its focus on real exchange rates and minimal fees makes it a financially sound choice.
  • Ethical Consideration: Wise primarily facilitates transfers and currency exchange, focusing on transactional efficiency rather than interest-bearing accounts or speculative investments. This aligns well with ethical financial practices.

2. Revolut

*   Digital Banking App: Manage finances, track spending, and set budgets.
*   International Money Transfers: Send money globally with competitive exchange rates.
*   Virtual and Disposable Virtual Cards: Enhanced security for online purchases.
*   Spending Analytics: Categorize and analyze your expenditures.
*   Peer-to-Peer Payments: Easily send money to other Revolut users.
  • Why it’s a strong alternative: Revolut offers a comprehensive digital banking experience with a strong emphasis on international capabilities and budgeting tools. Its disposable virtual cards are a direct alternative to Entropay’s previous offering, providing enhanced security.
  • Ethical Consideration: While Revolut offers various services, including stock trading and cryptocurrency, users can opt to use only the ethically aligned features such as standard payments, budgeting, and international transfers, avoiding speculative or interest-based products.

3. PayPal

*   Global Online Payments: Widely accepted for e-commerce and online services.
*   Peer-to-Peer Transfers: Send and receive money easily between individuals.
*   Buyer and Seller Protection: Offers safeguards for transactions.
*   Virtual Card Integration: Often works seamlessly with virtual card services provided by linked banks.
  • Why it’s a strong alternative: PayPal’s ubiquity and ease of use make it a go-to for online transactions. It’s a fundamental platform for anyone engaged in online commerce, either as a consumer or a seller.
  • Ethical Consideration: As a payment facilitator, PayPal itself is generally permissible. Users should ensure the underlying transactions they facilitate are ethical and avoid using it for purposes like gambling or interest-based payments.

4. Payoneer

*   Cross-Border Business Payments: Ideal for freelancers, online businesses, and professionals receiving international payments.
*   Local Receiving Accounts: Receive payments in multiple currencies e.g., USD, EUR, GBP as if you have a local bank account.
*   Payoneer Debit Card: Withdraw funds at ATMs or make purchases online/in-store.
*   Mass Payouts: Businesses can pay large numbers of recipients globally.
  • Why it’s a strong alternative: For those who need to receive international payments efficiently, especially from platforms or clients abroad, Payoneer offers robust solutions. It bridges the gap between global payers and local recipients.
  • Ethical Consideration: Payoneer primarily facilitates B2B and B2C payments. Its core function is transactional, avoiding interest-based lending. Its ethical standing is strong for legitimate business and professional income.

5. Stripe

*   Comprehensive Payment Processing: Accept payments online and in person.
*   Subscription Management: Tools for recurring billing.
*   Fraud Prevention: Advanced fraud detection features.
*   Global Payouts: Send money to bank accounts worldwide.
*   Issuing Platform: For businesses to create their own virtual and physical cards.
  • Why it’s a strong alternative: While primarily a business-focused platform, Stripe’s underlying technology powers many online transactions. For businesses looking to accept payments securely and efficiently, it’s a top-tier solution. Its “Issuing” product could allow businesses to create their own virtual cards, which aligns with the initial concept of Entropay.
  • Ethical Consideration: Stripe is a payment infrastructure provider. Its ethical use depends on the nature of the business utilizing it. For legitimate e-commerce and services, it’s ethically sound.

6. Google Pay

*   Mobile Payments: Make secure purchases in stores and online using your phone.
*   Peer-to-Peer Sending: Send money to friends and family.
*   Loyalty and Gift Cards: Store and manage various cards digitally.
*   Integrated with Google Services: Seamless experience across Google products.
  • Why it’s a strong alternative: For everyday mobile and online payments, Google Pay offers unparalleled convenience and security. It acts as a digital wallet, consolidating various payment methods.
  • Ethical Consideration: As a digital wallet, Google Pay is ethically neutral. its permissibility depends on the underlying transactions it facilitates. For everyday purchases and transfers, it is permissible.

7. Apple Pay

*   Secure Mobile Payments: Pay with a glance or touch using Apple devices.
*   In-App and Online Purchases: Make secure payments within apps and on websites.
*   Privacy Focus: Card numbers are not stored on the device or Apple servers.
*   Integration with Apple Ecosystem: Seamless experience for Apple users.
  • Why it’s a strong alternative: Similar to Google Pay, Apple Pay provides a highly secure and convenient way to make digital payments, especially for users within the Apple ecosystem. It prioritizes privacy and security.
  • Ethical Consideration: Like other digital wallets, Apple Pay is ethically neutral. Its ethical use relies on the user ensuring the transactions it facilitates are permissible.

When choosing any of these alternatives, users should always ensure the specific features they intend to use align with their ethical principles.

Always prioritize transparent fee structures, strong security measures, and regulatory compliance. Bttearn.com Review

How to Check the Legitimacy and Ethical Alignment of Online Financial Services

In an age where digital financial services are mushrooming, discerning between legitimate and ethically sound platforms versus those that are not is paramount. This isn’t just about avoiding scams.

It’s about making choices that align with responsible financial practices and personal values.

Given the case of Entropay.com, which is legitimate but defunct, understanding how to perform due diligence is critical.

Checking for Regulatory Compliance and Licensing

The first and most crucial step is to verify if the financial service is regulated by a reputable authority in its operating jurisdiction.

Regulatory bodies like the Financial Conduct Authority FCA in the UK, the Financial Crimes Enforcement Network FinCEN in the US, or equivalent bodies in other regions, license and oversee financial institutions. Browsermine.com Review

  • Look for Registration Numbers: Legitimate services will often display their registration or license numbers prominently on their website e.g., in the footer, “About Us” page, or legal section. For Entropay, they clearly stated “FRN No: 900800” for FCA authorization.
  • Verify on Regulator’s Website: Once you have a registration number, cross-reference it on the official website of the regulatory body. This confirms the legitimacy of their claims and their current licensing status.
  • Jurisdiction Matters: Understand where the company is registered and what regulations apply to it. A company registered in a lenient jurisdiction might pose higher risks.

A financial service operating without proper licensing in its target markets is a significant red flag.

It implies a lack of oversight, consumer protection, and often, stability.

Assessing Transparency in Fees and Terms

Ethical financial services are upfront and transparent about their costs, terms, and conditions.

Hidden fees, vague clauses, or complex pricing structures are often indicators of practices that might not be in the user’s best interest.

  • Clear Fee Schedules: Look for a dedicated “Fees” or “Pricing” page that breaks down all potential charges: transaction fees, withdrawal fees, inactivity fees, currency conversion markups, etc.
  • Simple Language: Terms and conditions should be written in clear, understandable language, avoiding excessive jargon.
  • No Hidden Charges: Be wary of services that require you to sign up before revealing their full fee structure.
  • Exchange Rate Transparency: For international services, ensure they state the exchange rate they use e.g., mid-market rate and any markup applied.

Lack of transparency can indicate an intent to obscure costs or unfavorable terms, which is antithetical to ethical financial dealings. Ebagson.com Review

Reviewing User Feedback and Online Reputation

While not definitive on its own, a company’s online reputation and user feedback can provide valuable insights into its operational practices and customer service.

  • Independent Review Platforms: Check reputable review sites like Trustpilot, Google Reviews, or even financial forums. Look for consistent themes in positive and negative feedback.
  • Media Coverage: Search for news articles or investigative reports about the company. Both major positive developments and any controversies should be considered.
  • Social Media Presence: Observe how the company interacts with its customers on social media. A responsive and professional presence is a good sign.
  • Beware of Extremes: Be cautious of services with overwhelmingly positive or negative reviews that seem unnatural. Some companies use fake reviews, and some might be targets of coordinated negative campaigns. Look for balanced, detailed feedback.

Evaluating Ethical Use Cases and Permitted Activities

Beyond general legitimacy, it’s crucial to assess if the services offered align with ethical guidelines, particularly for those seeking permissible financial solutions.

This involves scrutinizing the types of transactions and activities the platform enables or prohibits.

  • Avoid Gambling and Speculation: Services that actively promote or facilitate gambling, highly speculative investments, or interest-based lending should be avoided. Check their terms of service for explicit prohibitions or allowances.
  • Source of Funds: Understand if the platform asks for the source of funds, which can be an indicator of their commitment to anti-money laundering AML and ethical finance.
  • Transparency of Operations: Companies with clear mission statements that focus on value-driven services, rather than purely profit-driven or ethically ambiguous ventures, are generally preferable.
  • Community Vetting: Engage with online communities or forums dedicated to ethical finance. They often share experiences and insights on which platforms align best with specific values.

By combining these methods, individuals can make more informed decisions, ensuring they engage with financial services that are not only legitimate and secure but also align with their personal and ethical principles.

Understanding the Discontinuation of Entropay.com’s Consumer Product

The clear statement on Entropay.com about its consumer product being discontinued on July 1st, 2019, raises immediate questions for anyone encountering the site today. Treehouselogistics.com Review

While the website doesn’t provide an in-depth explanation for the discontinuation, we can infer some common reasons behind such corporate decisions.

Shifting Market Dynamics and Competition

When Entropay was active, it competed with a growing number of digital wallets, challenger banks, and payment services offering similar, if not more advanced, features.

  • Increased Competition: The rise of players like Wise, Revolut, N26, and numerous local fintechs meant that services had to constantly innovate to stay relevant.
  • Feature Creep: Modern digital payment services now offer a broad spectrum of features beyond just virtual cards, including multi-currency accounts, budgeting tools, investment options though some may be ethically questionable, and integrated banking services. A service like Entropay, which primarily focused on virtual cards, might have found it challenging to compete on this broader feature set without significant investment.
  • Customer Acquisition Costs: Attracting and retaining customers in a crowded market can be extremely expensive, especially for a standalone product like Entropay’s consumer offering.

Strategic Business Decisions by Ixaris Group

Entropay is a wholly-owned subsidiary of Ixaris Group Holdings Limited, which suggests the discontinuation was a strategic decision made at the group level.

Companies often streamline their operations to focus on their core competencies or most profitable ventures.

  • Focus on B2B: The Ixaris website ixaris.com indicates a focus on “payment solutions for businesses,” particularly in areas like travel payments and embedded finance. It’s highly probable that the group decided to pivot away from the consumer market to concentrate on its business-to-business B2B offerings, where they might have a stronger competitive advantage or higher profit margins.
  • Resource Allocation: Maintaining and developing a consumer product requires substantial resources in terms of technology, customer support, marketing, and regulatory compliance. Shifting these resources to a more lucrative B2B segment can be a sound business strategy.
  • Regulatory Burden: While FCA authorization is a mark of legitimacy, maintaining compliance can be costly and time-consuming. It’s possible the burden for the consumer product outweighed the perceived returns.

Regulatory Evolution and Compliance Challenges

The financial regulatory environment is constantly changing, with new rules and stricter compliance requirements emerging, particularly in areas like anti-money laundering AML and know-your-customer KYC protocols. Desert-fire.com Review

  • Increased Compliance Costs: Stricter regulations mean higher operational costs for identity verification, transaction monitoring, and reporting.
  • Data Privacy: With regulations like GDPR General Data Protection Regulation in Europe, handling consumer data has become more complex and costly.

While the exact reasons for Entropay’s discontinuation are not detailed on their website, it’s clear that it was a deliberate business decision that reflected the realities of the competitive and highly regulated digital payments market.

For users today, this simply means the service is unavailable, and the focus should be on finding active, reliable, and ethically aligned alternatives.

Entropay.com Pricing: A Historical Look at Non-Existent Service Costs

Discussing Entropay.com’s pricing today is akin to reviewing the cost of a classic car that’s no longer in production and whose original price list is mostly a collector’s item.

Since its consumer product was discontinued on July 1st, 2019, any past pricing structure is irrelevant for current users.

There are no fees to pay, no plans to subscribe to, and no virtual cards to purchase from Entropay now because the service simply isn’t available for new customers. Howardcundey.com Review

The Irrelevance of Past Pricing

For potential users researching online payment solutions, understanding that Entropay.com has no current pricing is the most crucial piece of information. Attempting to find a fee schedule on their website would be futile, as it no longer operates for consumers. This reinforces the need for users to verify the active status of any financial service before delving into its pricing models.

  • No Active Plans: There are no subscription tiers e.g., “Basic,” “Premium,” “Enterprise” that new users can sign up for.
  • No Transaction Fees: Since no transactions can be initiated by new users, there are no transaction fees to incur.
  • No Card Issuance Fees: Virtual card issuance, which was a core part of their service, is no longer possible, so any associated fees are non-existent.

What Past Virtual Card Services Typically Charged For Context

Historically, virtual prepaid card services like Entropay often had a variety of fees.

Understanding these common charges can provide context for what to look for in active alternatives:

  • Card Issuance Fee: A small fee for creating a new virtual card. This might be a one-time charge per card or a monthly fee for maintaining access to virtual cards.
  • Loading/Funding Fee: A percentage or flat fee for adding funds to the virtual card, especially if done via certain methods like credit cards, bank transfers, or other payment gateways.
  • Transaction Fee: Some services might charge a small fee per transaction, particularly for international purchases or specific merchant categories.
  • Inactivity Fee: If a card or account remains unused for a prolonged period e.g., 6-12 months, some providers apply an inactivity fee.
  • Currency Conversion Fee: A markup on the interbank exchange rate when converting funds to a different currency for a transaction. This is often a percentage e.g., 1-3% of the transaction amount.
  • ATM Withdrawal Fee if applicable: For services offering physical cards linked to the virtual account, there would be fees for ATM withdrawals, both domestic and international.

It’s important to stress that these are general fees for virtual card services and are not specific to Entropay’s historical pricing, which is no longer relevant. When evaluating current alternatives, users should pay close attention to all these potential charges to fully understand the total cost of ownership. The best modern alternatives, like Wise or Revolut, strive for greater transparency and often have lower or no fees for many basic services, making them more attractive options for current users.

How to Cancel Entropay.com Subscription/Account Post-Discontinuation

Given that Entropay’s consumer product was discontinued on July 1st, 2019, the concept of “canceling an Entropay.com subscription” or “account” for new users is entirely moot. Fr.galaxykayaks.eu Review

You cannot subscribe to something that no longer exists for new customers.

For individuals who were past users of the service, the situation is different, though the primary mode of interaction is limited.

For Former Entropay Consumers

If you were an active Entropay consumer before July 1st, 2019, and had an account or virtual cards, the discontinuation means that your account would have effectively been closed down or transitioned as part of the company’s wind-down of its consumer services.

  • Automatic Account Closure: It’s highly probable that user accounts were automatically closed and any remaining funds were processed according to the company’s terms and conditions at the time of discontinuation. This typically involves returning funds to the linked bank account or providing instructions for withdrawal.
  • No Manual Cancellation Needed: There is no “cancel” button or process for an account that has already been made inactive by the service provider’s decision. You would not need to manually cancel an account that is no longer operational.
  • Contact for Legacy Inquiries: The website provides a specific email address: [email protected]. This is the only listed channel for inquiries related to the discontinued consumer product. If you have questions about a past account balance, transaction history, or fund retrieval from before July 2019, this would be the only avenue to pursue. It’s crucial to manage expectations for response times and the ability to retrieve very old data.

For New Users: No Action Required

For anyone just discovering Entropay.com today while searching for financial services, there is no subscription to cancel and no account to close.

  • Cannot Create Account: You cannot create a new account, therefore there’s nothing to “cancel.”
  • No Free Trial: Similarly, there is no free trial to sign up for, let alone cancel.

The situation with Entropay underscores a critical point for users of online services: always be aware of the service’s current operational status. For any actively used financial service, understanding the cancellation process before signing up is a prudent step. Look for clear instructions within the user dashboard, on the FAQ page, or in the terms of service. Legitimate services will typically have a straightforward process for account closure and data deletion. Onlyvoucher.com Review

Entropay.com vs. Current Digital Payment Solutions

Entropay, in its operational prime, offered virtual prepaid cards.

Today’s leading services have expanded far beyond this singular offering, providing comprehensive financial management tools.

Feature Set: Narrow vs. Broad

  • Entropay Historical: Primarily focused on virtual prepaid cards. Its main utility was creating disposable or reloadable virtual cards for online payments, offering a layer of security and anonymity. It was a niche solution for specific online spending needs.
  • Current Digital Payment Solutions e.g., Wise, Revolut: Offer a broad suite of financial services.
    • Wise: Specializes in international money transfers at real exchange rates, multi-currency accounts, and debit cards. Its strength lies in cross-border transactions and transparent currency conversion.
    • Revolut: Provides a comprehensive digital banking experience including current accounts, budgeting tools, international transfers, disposable virtual cards, and sometimes even investment features which require careful ethical consideration. It aims to be an all-in-one financial app.
    • PayPal: Universal online payment gateway, peer-to-peer transfers, business invoicing, and buyer/seller protection. Its ubiquity is its main advantage.

The shift is from specialized virtual card issuance to holistic digital financial management platforms.

Operational Status: Defunct vs. Active & Evolving

  • Entropay: Discontinued for consumers since July 1, 2019. This means it’s a closed chapter, with no ongoing development, feature updates, or new user onboarding.

Regulatory Landscape & Trust: Past Compliance vs. Ongoing Oversight

  • Entropay: Was authorized by the Financial Conduct Authority FCA in the UK. This indicated a level of legitimacy and adherence to regulatory standards at the time of its operation. However, its current non-operational status means this past authorization is merely historical.
  • Current Digital Payment Solutions: Are under continuous regulatory oversight in multiple jurisdictions. For example, Wise is regulated by numerous financial authorities globally, and Revolut holds various licenses depending on the country. This ongoing compliance ensures they meet current standards for consumer protection, anti-money laundering AML, and data security.

User Experience & Accessibility: Legacy vs. Modern App-Centric

  • Entropay Historical: While functional for its time, likely relied on a web-based portal.
  • Current Digital Payment Solutions: Heavily app-centric, offering intuitive mobile interfaces, real-time notifications, instant transactions, and seamless integration with other digital services. They prioritize user convenience and accessibility from smartphones.

In essence, Entropay represents a segment of the early digital payments era.

Today’s solutions are far more sophisticated, comprehensive, and focused on providing a complete digital financial ecosystem. Deluxearoma.ie Review

For anyone seeking a virtual card or digital payment service now, the current market offers vastly superior and active alternatives.

FAQ

What is Entropay.com?

Entropay.com was an online service that offered virtual prepaid cards, primarily used for online payments, but its consumer product was discontinued on July 1st, 2019.

Is Entropay.com still active for new users?

No, Entropay.com is no longer active for new users.

Its consumer product was discontinued on July 1st, 2019.

Can I create a new Entropay account today?

No, you cannot create a new Entropay account as the service is no longer available to consumers.

What happened to my old Entropay account?

If you were a former Entropay consumer, your account would have been effectively closed or transitioned as part of the service’s discontinuation. You do not need to manually cancel it.

How can I contact Entropay support for past inquiries?

You can contact Entropay for inquiries related to its discontinued consumer product by sending an email to [email protected].

Was Entropay.com a legitimate service when it was active?

Yes, when it was active, Entropay.com was a legitimate service authorized by the Financial Conduct Authority FCA in the UK for the issuing of electronic money.

Are there any fees associated with using Entropay.com now?

No, there are no fees associated with using Entropay.com now because the consumer service is defunct and cannot be used for any transactions.

What are some good alternatives to Entropay.com for virtual cards?

Good alternatives for virtual cards and digital payments include Wise formerly TransferWise, Revolut, and PayPal, which offer similar or more advanced features.

Did Entropay offer physical cards?

While its primary focus was virtual cards, some virtual card providers in the past offered physical cards linked to the virtual account, but specifics for Entropay’s historical offering are not readily available on the current site.

Why did Entropay discontinue its consumer product?

Can I retrieve funds from an old Entropay account?

For inquiries about retrieving funds from a past account, you should contact [email protected], although the ability to retrieve very old funds may depend on the company’s legacy procedures and applicable regulations.

Is Entropay.com related to Ixaris Group?

Yes, Entropay is a wholly-owned subsidiary of Ixaris Group Holdings Limited, which now focuses on payment solutions for businesses.

What does FCA authorization mean for a financial service?

FCA authorization means that a financial service provider is regulated by the Financial Conduct Authority in the UK, implying adherence to certain standards for consumer protection and financial stability.

Is it safe to visit the Entropay.com website now?

Yes, visiting the Entropay.com website is safe as it primarily serves as an informational site for its past discontinuation and contact details. It does not actively offer financial services.

Can I use Entropay for international payments today?

No, you cannot use Entropay for international payments today as the consumer product is discontinued.

What kind of ethical considerations should I have when choosing a digital payment service?

When choosing a digital payment service, ensure it avoids interest-based lending, gambling facilitation, or other impermissible activities.

Look for transparency in fees and clear terms of service.

Are virtual cards still a relevant payment method?

Yes, virtual cards are still highly relevant and widely used for enhanced security and privacy in online transactions, offered by many modern digital payment platforms.

How do modern digital payment solutions differ from Entropay?

Modern digital payment solutions typically offer a broader range of features, including multi-currency accounts, budgeting tools, and comprehensive international transfer capabilities, going beyond just virtual card issuance.

Does Entropay offer a free trial?

No, Entropay does not offer a free trial because its consumer service has been discontinued.

What is the primary purpose of the current Entropay.com website?

The primary purpose of the current Entropay.com website is to inform visitors about the discontinuation of its consumer product and to provide contact information for past consumer inquiries.



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