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

E-Money Account Not Covered by FSCS

High severity High confidence Explicitdocumentlanguage Unique · 0 of 352 platforms
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Recent governance activity Checkout.com recorded 2 documented changes in the last 30 days.
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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.

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

YouTube Ads Medium

our services rely on cookies to function properly, for things like remembering your language preferences.

Strava Medium

We maintain administrative, technical, and physical safeguards in accordance with appropriate industry standards that are designed to protect against unauthorized use, disclosure, or access to personal information.

Klarna Medium

We utilize appropriate encryption techniques to protect your data from unauthorized access.

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▸ 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 Checkout.com 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: July 12, 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.