On 10 September 2026, Premier Payment Solutions Ltd, which traded as PPS Money and MTBS (together, 'PPS Money'), entered liquidation. Bai Cham and Gary Shankland of BTG Begbies Traynor were appointed joint liquidators.

PPS Money is registered as a small payment institution under the Payment Services Regulations 2017 (the PSRs). The firm provided money-remittance services, primarily supporting money service businesses to make cross-border payments, including through its network of FCA-registered agents, which are businesses or individuals registered to provide payment services on its behalf. See a list of PPS Money’s current and former agents.

PPS entered liquidation after the directors determined that the firm could no longer continue trading. The joint liquidators are responsible for assessing customer claims against the firm and distributing funds back to customers where possible.

If you have any questions regarding the liquidation process, please contact: [email protected].

We will continue to engage with the joint liquidators and take any necessary actions to seek the best outcome for consumers.

Who to contact

If you have any questions, please contact the joint liquidators.

  • Phone: +44 (0) 1634 975440
  • Email: [email protected]
  • Website: www.btguk.com/restructuring
  • Address: BTG Begbies Traynor, Unit F33, Innovation Centre Medway, Maidstone Road, Medway, ME5 9FD

Being Alert to Scams

All customers should remain alert to the possibility of fraud. If you get an unexpected phone call by someone claiming to be from PPS Money, BTG Begbies Traynor or the FCA, please end the call and contact the relevant party directly.