fmpay.me

What It Is

FMPay is a payment processing brand under FM Finance LTD, a UK fintech company. It mainly provides online acquiring, business payouts, and cross-border remittance services for UK businesses. The company is authorized and regulated by the UK Financial Conduct Authority (FCA), with innovation, integrity, security, and technology as its core pillars.

Core Dimensions

• Service types: Covers three core products: Checkout (online acquiring gateway), Payouts (real-time business payouts based on OCT), and Remitiva (cross-border P2P remittances).
• Supported payment methods: Acquiring supports Visa, Mastercard, and UnionPay; payout services use the Mastercard MoneySend network to enable refunds to the original card or push payments.
• Countries/regions covered: Primarily serves UK businesses and supports multi-currency cross-border transactions. However, the payout service has strict geographic restrictions and does not support card payouts to dozens of countries, including the United States, Canada, Australia, and Russia. China is not on the restricted list.
• Compliance and licensing: Holds an FCA payment license (No. 815137) and is regulated under PSR 2017. Client funds are protected through safeguarding arrangements. Merchants are required to be PCI-DSS compliant and have an SSL certificate.
• Risk control capabilities: Provides multi-layer compliance and advanced risk control systems, with strict AML, counter-terrorist financing, and anti-fraud screening. It explicitly rejects high-risk, unethical, and illegal industries, such as cryptocurrency and gambling-related payments.
• API and integration: Offers API access and e-commerce platform plugins, supporting multiple integration methods including redirects, IFrame embedding, and manually generated payment links from the backend. This accommodates merchants with different compliance requirements.

Pricing

The official website claims to offer “Fast, Low-Fee” services, but the text does not disclose specific rates, fees, or acquiring settlement cycle details. You need to contact sales for pricing.

Pros and Cons

Pros: Fully licensed and regulated by the FCA, with stronger fund security; Payouts support real-time arrival, including on holidays; flexible integration options; relatively fast account review, typically 1–2 business days.
Cons: Payouts are restricted in many countries, including major markets such as the US, Canada, and Australia; cryptocurrency and gambling-related payments are not supported; pricing is not transparent.

Who It’s For

Compliant UK-based businesses in e-commerce retail, the gig economy, subscription services, education, and professional services—especially companies that need real-time payouts and multi-currency acquiring.

Access from China

• Network: Unknown.
• Payments: Acquiring is limited to UK-registered companies, so Chinese sellers need a UK corporate entity. China is not included in the payout restricted list, but availability depends on the compliance review for the specific business.
• Alternatives: The text does not mention alternatives. Common industry alternatives include Stripe, Checkout.com, and others.