Modulr is an FCA-regulated e-money institution. We've partnered with them to enable secure and seamless payments on our platform. To make payments through SmartPay, you’ll first need to complete the Payment Setup application in Trustd.
As part of the application you’ll be asked to accept Modulr’s Terms & Conditions.
View Modulr’s Terms & Conditions and their Safeguarding Policy here.
Modulr also work with many well-known businesses, such as:
You can learn more about Modulr here.
Modulr footnote:
Transport Exchange Group is a distributor of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011 – for more information, please see here.