Provision record
Checkout.com · Checkout.com Terms · View original document ↗

E-Money Account Not Covered by FSCS

High severity High confidence Explicit document language Unique · 0 of 352 platforms

Key Facts

Why is a Checkout.com account not covered by the Financial Services Compensation Scheme?
A Checkout.com account is not covered by the Financial Services Compensation Scheme (FSCS) because it is not a bank account.
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This analysis describes what Checkout.com's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

Without FSCS coverage, funds held in a Checkout.com account are not protected up to the statutory compensation limit if Checkout.com were to fail.

Clause Stability Stable

0
Changes
3
Months Monitored
Jul 10, 2026
First Seen
Jul 10, 2026
Last Seen
This clause type exists across 1255 other provisions on other platforms.

Consumer impact (what this means for users)

Funds held in a Checkout.com account carry no FSCS protection, unlike funds held in a regulated bank account.

How other platforms handle this

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Baseten Medium

These payment processors adhere to the standards set by PCI-DSS as managed by the PCI Security Standards Council, which is a joint effort of brands like Visa, Mastercard, American Express and Discover.

GitHub Medium

GitHub uses appropriate administrative, technical, and physical security controls to protect your Personal Data.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
As your Checkout.com account is not a bank account, it's not covered by the Financial Services Compensation Scheme (FSCS).

Excerpt from Checkout.com's Terms

Provision details

Document information
Document
Checkout.com Terms
Entity
Checkout.com
Document last updated
May 5, 2026
Tracking information
First tracked
May 7, 2026
Last verified
July 9, 2026
Record ID
CA-P-053746
Document ID
CA-D-00662
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
045f4757b2c7c8f47156bb88236ec8d997a22ded9ea2b1116d287db96353fc92
Analysis generated
May 7, 2026 20:58 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Checkout.com
Document: Checkout.com Terms
Record ID: CA-P-053746
Captured: 2026-05-07 20:58:42 UTC
SHA-256: 045f4757b2c7c8f4…
URL: https://conductatlas.com/platform/checkoutcom/checkoutcom-terms/provision/CA-P-053746/e-money-account-not-covered-by-fscs/
Accessed: Aug. 24, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Checkout.com's E-Money Account Not Covered by FSCS clause do?

Without FSCS coverage, funds held in a Checkout.com account are not protected up to the statutory compensation limit if Checkout.com were to fail.

How does this clause affect you?

Funds held in a Checkout.com account carry no FSCS protection, unlike funds held in a regulated bank account.

Is ConductAtlas affiliated with Checkout.com?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Checkout.com.