Metalcashcard
Metalcashcard was developed in 2012 following the new laws which prohibited cash transactions at scrap metal yards. Our all-in-one identification and payment system provides a simple solution to the change in the law.
Metalcashcard works on any scale. We operate in large-scope, multi-site organisations such as Sims Metal Management, the leading metals and electronics recycling company in the world. Additionally, we work with many independently-run family businesses; being especially beneficial to those with a bustling door trade.
Following a one-time registration process, your customers will be able to receive their funds instantly via an e-money account*, rather than waiting multiple days for a bank transfer or cheque to clear.
Our system is secure and reliable, being operated by a long-established ISO 27001 data centre that utilises leading technology.
Dealer Benefits:
Fully compliant with the 2012 LASPO Act
Customer information held securely off-site in an ISO 27001 data centre
Know your customer (KYC) compliant
Full training provided & call centre assistance available during all trading hours
Easy operating system – customer registrations should take no more than 5 minutes & payments are instant
Substantial savings on bank charges
Customer Benefits:
Simple one-time registration process
No credit checks
No need to own a bank account – our system opens an instant e-money account and issues a Prepaid Card
Instant payment – no waiting for cheques or transfers to clear
Once activated, the Debit Card** can be used like any normal payment card – including free cash withdrawals from over 42,000 free-to-use ATM machines in the UK
* an e-money account is not the same as a bank account or a deposit account. It is not a savings vehicle, does not pay interest and is not protected by the FSCS.
** The Debit Card is an electronic money product and although it is a product regulated by the Financial Conduct Authority, it is not covered by the Financial Services Compensation Scheme. We ensure that any funds received by you are held in a segregated account so that in the unlikely event that Contis Financial Services Ltd becomes insolvent your funds will be protected against claims made by creditors.
©2023 Metalcashcard. All Rights Reserved
The Metalcashcard Account and Visa Card are issued by Contis Financial Services Ltd who are authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Registered Number: 900025). The Metalcashcard Account and Visa Card are electronic money products which are not covered by the Financial Services Compensation Scheme. The funds will be safeguarded by Contis Financial Services Ltd.
- Telephone: 01709 448150
- E‑mail: charlesharris121@yahoo.co.uk