Zing is provided by MP Payments UK Limited. MP Payments UK Limited is part of the global HSBC Group but is not a bank.
MP Payments UK is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for issuing electronic money and the provision of payment services with FCA registration number 983835.
Your funds are not deposits and are not protected by the Financial Services Compensation Scheme ("FSCS"). We keep your e-money safe by safeguarding your funds in a separate bank account.
MP Payments UK Limited is separate from HSBC UK Bank plc ("HSBC UK"), and your e-money does not count towards your total FSCS protection with HSBC UK (if applicable).