Italy · Payments & e-money
Postepay S.P.A.
PostePay S.p.A. is a joint-stock company based in Rome. The Bank of Italy authorises it as an electronic money institution (Albo IMEL no. 19), and it runs this business through a ring-fenced IMEL estate. Poste Italiane S.p.A. owns all its shares and directs and coordinates it. The firm issues Postepay prepaid and debit cards and provides merchant acquiring and collection services in Italy, and it also sells PosteMobile telecoms and Poste Energia services. It was formed on 1 October 2018, when PosteMobile S.p.A. became an e-money institution and was renamed, and a demerger of its e-money business to Poste Italiane is due to take effect on 1 January 2027.
Licences and registrations
Held by Postepay S.P.A. (LEI 81560006CC40E9A86833). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| EBA PSD2 RegisterBank of ItalyLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Electronic money institutionE-Money / Stored Value Institution | 06874351007 | Italy | Active | 2018-09-26 | — |
|
Search the register ↗ |
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Other monetary financial institution
- Minimum reserves
- Not on the ECB reserve list
- Listed as
- POSTEPAY S.P.A.
- RIAD code
- IT0002178852684
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- PPAYITR1XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of PPAYITR1 marks a passive participant.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · VOP · TIPS
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2018-07-07
- Last updated
- 2018-10-20
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Poste Italiane S.p.A.
Firm type
E-money and accounts
Trades as Postepay
- Standing
- In July 2026 the shareholders of PostePay and Poste Italiane approved a partial demerger of PostePay's e-money business (Patrimonio destinato IMEL) to Poste Italiane's BancoPosta ring-fenced capital. The Bank of Italy authorised the transaction, which is scheduled to take effect on 1 January 2027.
- Ownership
- Poste Italiane S.p.A. holds all 7,561,191 shares and exercises direction and coordination over the firm.
- Direct parent
- Poste Italiane S.p.A., Italy 100%
- Head office
- Viale Europa, 190, 00144 Roma, Italy
- Company register
- Registro Imprese di Roma, REA 995573 (codice fiscale / partita IVA 06874351007)
- Former name
- PosteMobile S.p.A.
Online
- Websites & references
- postepay.poste.it ↗
poste.it ↗ Poste Italiane retail site, through which Postepay products are sold and documented
postemobile.it ↗ PosteMobile telecoms site (linked from the footer)
Wikipedia ↗ - Official social accounts
- Facebook ↗
Sources · 12 pages consulted
- media.poste.it/70314047-967c-4088-8240-9a4aa69598b5/file/RFA-Postepay-31-dicembre-2025
- poste.it/resources/bancoposta/pdf/trasparenza/FI_SCT_PP.pdf
- poste.it/resources/bancoposta/pdf/trasparenza/FI_FABP_CNP.pdf
- poste.it/resources/bancoposta/pdf/trasparenza/FI_CBP_BLINK.pdf
- postepay.poste.it/chi-siamo
- postepay.poste.it/
- posteitaliane.it/it/comunicati/posteitalianeappr-1476646729735.html
- borsaitaliana.it/borsa/notizie/teleborsa/finanza/poste-italiane-assemblea-straordinaria-approva-scissione-
- ilsole24ore.com/radiocor/nRC_18.06.2026_18.39_64210642
- emarketstorage.it/sites/default/files/comunicati/2026-06/20260619_185988.pdf
- ansa.it/sito/notizie/topnews/2026/04/20/garante-privacy-sanziona-poste-italiane-e-postepay-per-ol
- en.wikipedia.org/wiki/Postepay
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The Bank of Italy authorises the firm as an electronic money institution, and it runs its payment and e-money activities through a ring-fenced estate (Patrimonio destinato IMEL). Poste Italiane – Patrimonio BancoPosta distributes its products under a placement agreement.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Bank of Italy Italy | Istituto di moneta elettronica (Albo IMEL), Patrimonio destinato IMEL | 19 | In its own name | Active | poste.it ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that funds received for e-money and payment services are held on dedicated, non-disposable current accounts, mainly at Poste Italiane's BancoPosta, within its ring-fenced IMEL estate.
- Safeguarding bank · Partner
- Poste Italiane S.p.A. – Patrimonio BancoPosta Italy
- Payment schemes and card networks
- Visa Access not stated poste.it ↗
Mastercard Access not stated poste.it ↗
SEPA Instant Credit Transfer Access not stated media.poste.it ↗
pagoPA Access not stated media.poste.it ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It issues Postepay prepaid and debit cards and offers merchant acquiring, pagoPA and F23/F24 collections, and international transfers via Western Union and MoneyGram.
It serves customers in Italy, mainly through Poste Italiane's post office network and its digital channels.
- Revenue
- EUR 2.28bn
- Payment volume
- EUR 94.7bntotal transaction value of payment cards (transato complessivo delle carte di pagamento)
- Sells to
- Consumers · Small businesses · Enterprises · Public sector
- Serves customers in
- Italy
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Marco Siracusano Amministratore Delegato (Chief Executive Officer)
- Chair
- Paolo Martella Presidente del Consiglio di Amministrazione (Chair)
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
The shareholders' meetings of PostePay and Poste Italiane approved the partial demerger of PostePay's IMEL estate to Poste Italiane, effective from 1 January 2027.
borsaitaliana.it ↗ -
Licence
The Bank of Italy authorised the partial demerger of PostePay's e-money business to Poste Italiane's BancoPosta ring-fenced capital.
ilsole24ore.com ↗ -
Enforcement
The Italian data protection authority fined PostePay EUR 5,877,000 over device-data processing by the Postepay Android app's anti-fraud system.
ansa.it ↗ -
Other
The boards of PostePay and Poste Italiane approved a plan to demerge PostePay's IMEL estate to Poste Italiane within a new financial division.
posteitaliane.it ↗ -
Other
The Bank of Italy notified PostePay of its supervisory review results, citing attention areas in fraud controls, ICT risk and DORA implementation.
media.poste.it ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- PPAYITR1XXX
- How the BIC breaks down
- PPAYBank
- ITCountry · Italy
- R1Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 81560006CC40E9A86833
- LEI record
- View on GLEIF ↗
- Licence no. · EBA-PSD2
- 06874351007
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry ID
- 8b53094c2f08
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 1 entry on 1 register
- Activities
- Money remittance
- Payment services
- Card acquiring
- Payment initiation
- Account information
- E-money / stored value
- Licensed in
- Italy
- Country · region
- Italy · Europe & Central Asia
- Banking supervision
- Not on the ECB's list of supervised entities as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Poste Italiane - Societa' Per Azioni · Italy815600354DEDBD0BA991 ↗
The Poste Italiane - Societa' Per Azioni group has 6 institutions in the directory, in 1 country: all hold a BIC.
Including Lis Pay S.P.A., Bancoposta Fondi Sgr, Net Insurance SPA, Poste Italiane SPA, Sourcesense S.P.A..
See the Poste Italiane - Societa' Per Azioni group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- VIALE EUROPA 190 ROMA 00144 ITALY
- Operational address
- VIALE EUROPA 190 ROMA 00144 ROMA ITALY
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>PPAYITR1XXX</BICFI>
<LEI>81560006CC40E9A86833</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>PPAYITR1XXX</BICFI>
<LEI>81560006CC40E9A86833</LEI>
<Nm>POSTEPAY S.P.A.</Nm>
<PstlAdr>
<TwnNm>ROMA</TwnNm>
<Ctry>IT</Ctry>
<AdrLine>VIALE EUROPA 190 ROMA 00144</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2018-10-01 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2020-11-02 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2018-10-01 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2018-10-01 | Head office | — |
| Verification of Payee | 2025-10-05 | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of TIPS participants and reachable parties.
- EBA PSD2 Register—European Banking Authority (EBA) · register ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: postepay.poste.it (official website) · original.
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