is-collctiv-safe

FAQs

Is Collctiv safe?

Yes. Collctiv proudly partners with Nuvei and PayPoint - globally trusted and FCA-regulated payment processors - to handle all of our customers' funds. We also partner with Persona to verify the identity of anyone collecting or withdrawing money through our app. All payments made into a Collctiv pot are automatically 3D secured, requiring authorisation from your bank or card issuer for each payment sent to us. Until you are ready to withdraw your funds, PayPoint securely stores your money in safeguarded accounts.