Who We Are
Carapay Limited, trading as Carapay is regulated by the Central Bank of Ireland(C58301). We provide Carapay Accounts to consumers and businesses. Please note:
- The service is currently operating in "Beta" i.e. not all the features you might expect from a payment account are available at this time;
- You will need to be invited by an existing user to register to Carapay;
- Only consumers living in the Republic of Ireland may open Carapay accounts at this time.
The business is registered as a Limited company in Ireland.
Colm Lyon CEO
The business was founded in 2009 by award winning payments entrepreneur Colm Lyon. Find out more about Colm Lyon using these links:
License and Regulation
Carapay was authorised in 2010 as a Payment Institution in accordance with Regulation 18 of the European Communities (Payment Services) Regulations 2009 to provide and execute payment services throughout the European Community. For further information on the Payment Services Directive, click here.
The register of approved Payment Institutions can be accessed here.