Where does Upside save your money (Upsides)

Your Upside Account is an:

Electronic Money Account (e-Money account)
operated and maintained by our Electronic Money Institution (EMI) partner PayrNet (Terms and Conditions), regulated by the Financial Conduct Authority (FCA)
whom receives and distributes e-Money on behalf of Upside customers (Upsiders)

Every Upsider

has their own unique e-Money account, in exactly the same way as you do with your bank and
only you can transact (save money into or withdraw money ) to or from that e-Money account via your Upside app

Please read the Terms and Conditions and Privacy Policy if you require any further detailed information about your Upside Account or PayrNet
Was this article helpful?
Thank you!