Is my money Safe?

Pockit is an electronic money product and, although it is regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. No other compensation scheme exists to cover losses claimed in connection with Pockit. 

As a responsible e­money issuer, Wirecard Card Solutions Limited ensures that once it has received your funds they are deposited in a secure account, specifically for the purpose of redeeming transactions made through Pockit. 

In the unlikely event that Wirecard Card Solutions Limited becomes insolvent, funds that you have paid in, which have arrived and been deposited with Wirecard Card Solutions Limited are protected against the claims made by creditors. 

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