A regulated money-services business
Paysavo operates under the registrations listed in the footer of this site for the jurisdictions where it does business.
Trust Centre
How customer money is handled
How customer money is handled, and what the registrations shown in the site footer mean.
What applies to you depends on your account type, verification status and jurisdiction.
Our commitments
Customer money is handled with care
Operational controls govern how customer funds are received, held and paid out.
Not a bank
Paysavo is a financial technology company, not a bank. Banking, payment, custody or settlement services may be provided through regulated partner financial institutions where applicable.
How it works in practice
You see the cost before you commit
Every transfer, conversion and payment shows its rate and any fee before you approve it.
Records you can check
Your transaction history records what happened, when, and at what cost.
Questions answered
If anything about how your money is handled is unclear, ask support — that is what it is for.
Where this information comes from
This page describes how Paysavo operates today. The entity and registration statements below are the approved wording; where a detail depends on your account, the applicable terms are shown to you in the product before you act.
Operated by Elite Integrity Investment Group Ltd.
Paysavo is registered as a Money Services Business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). MSB Registration No.: M23004799.
Paysavo is registered with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act (RPAA).
Paysavo is a financial technology company, not a bank. Banking, payment, custody, or settlement services may be provided through regulated partner financial institutions where applicable.
If anything here is unclear, contact our support team and they can confirm what applies to your account.
Built for trust
Your money is held with care
Paysavo applies operational and security controls appropriate to a regulated money-services business.
You see the cost before you confirm
The rate and any fee are shown at quote time. Nothing is charged until you approve.
Verification protects your account
Identity and business verification apply to eligible services, and vary by jurisdiction.
Availability depends on your account type, verification status and jurisdiction.
Questions
Is Paysavo a bank?
No. Paysavo is a financial technology company, not a bank. Banking, payment, custody or settlement services may be provided through regulated partner financial institutions where applicable.
Where can I see Paysavo's registrations?
The registrations for the jurisdictions where Paysavo does business are listed in the footer of this site.
Is my money insured?
Paysavo does not make insurance claims on this page. How funds are handled depends on your jurisdiction and the services you use; contact support for what applies to you.
Open a Paysavo account
Hold multiple currencies, send and receive internationally, and pay from one account.