The company has been regulated by the Central Bank of Ireland since 2010 as a payments institution. However, once Britain leaves the EU that authorisation will no longer be valid in the UK.
The development means that fire.coms customers will be able to continue to access the company’s payment services no matter what the outcome of the ongoing uncertainty over Brexit.
These include sterling & euro accounts, banks transfers and debit cards.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.