Regulations
By Pankaj K
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How Customers File a Claim. If you think PPS Money owes you money, the path forward is direct.
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Watch Out for Scams and Fee-Charging Recovery Firms. The FCA has a standing warning on situations like this, and it applies directly here.
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What Happens to PPS Money's Agent Network. PPS Money's FCA registration technically remains active for now.
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Premier Payment Solutions Ltd is gone. The company, which traded as PPS Money, entered liquidation on September 10, 2026 — and the clock is now ticking for anyone who sent money…
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Bai Cham and Gary Shankland of BTG Begbies Traynor were appointed joint liquidators that same day.
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But it was a licensed operation — registered with the Financial Conduct Authority as a small payment institution under the Payment Services Regulations 2017.
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If you think PPS Money owes you money, the path forward is direct. Contact the joint liquidators at [email protected]. That's the official channel.
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The liquidators are gathering comprehensive data: payments made to the firm, payments owed by the firm, outstanding balances.
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One thing that's pretty much certain: the Financial Services Compensation Scheme won't help here.
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Read also: FCA Permanently Bans Blue Horizon’s Paul Taylor and Esmeralda Toni for £200M Fraud
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The FCA has a standing warning on situations like this, and it applies directly here. If you get an unexpected call from someone claiming to be from PPS Money, BTG Begbies…
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There's another risk that's less dramatic but still costs people money. Claims Management Companies and law firms sometimes swoop into situations like this, offering to help…
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So the guidance is simple: go straight to [email protected]. Skip the intermediaries.
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PPS Money's FCA registration technically remains active for now. The firm still has regulatory obligations to meet even as it winds down.
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More context: EU Cyber Resilience Act Mandates 24-Hour Breach Reporting for Crypto Wallet Firms
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