Modern Slavery and Human Trafficking Statement


Executive Summary

B4B Payments is a regulated Electronic Money Institution offering prepaid payment solutions and embedded financial services across the UK, Europe, and the USA. We operate through a network of group entities and partners, with offices in the UK, Lithuania, and the United States. Our diverse client base includes corporate customers, public sector organisations, and non-governmental entities. Our activities are guided by a comprehensive compliance framework, which is regularly reviewed to ensure it meets regulatory and ethical standards.

Our supply chains involve financial technology providers, card manufacturers, professional services, and IT infrastructure vendors. While our supply chains are considered low risk concerning modern slavery and human trafficking, we acknowledge the importance of ongoing due diligence and vigilance.


B4B Payments – Modern Slavery and Human Trafficking Statement:

This statement is made under Section 54 of the UK Modern Slavery Act 2015. It outlines the steps B4B Payments has taken to ensure there is no slavery or human trafficking within our business or supply chains.


3. Our Policies on Modern Slavery

We are committed to preventing modern slavery and human trafficking in all aspects of our operations and supply chains. Our main internal policies that support this commitment include:

  • Due Diligence Policy
  • Whistleblowing Policy
  • Third-Party Risk Management Framework
  • Anti-bribery and corruption policy

These policies are communicated to all employees and are integrated into our onboarding and ongoing monitoring processes.


4. Risk Assessment and Due Diligence


4.1 Employee Due Diligence:

At B4B, our people are central to our organisation. We are dedicated to providing development opportunities beyond their current roles, such as flexible benefits, generous leave policies, and leadership programmes. One of our core values is equality, we strive to prohibit discrimination and harassment. During recruitment, we verify that all candidates are legally eligible to work, suitable for their roles, and have completed necessary background checks. We aim to keep employees well-informed about their rights and responsibilities, providing access to relevant tools, processes, and policies throughout their employment.


4.2 Partner and Supply Chain Due Diligence

At B4B Payments, third parties are essential to our service delivery and operations. We ensure our partnerships do not pose risks related to unethical practices, including modern slavery and human trafficking.

Our contractual agreements require all vendors, suppliers, and service providers to adhere to applicable laws, regulations.

We review third-party arrangements annually as part of our governance and due diligence, ensuring ongoing compliance with our ethical and regulatory standards.

When higher risks are identified, we engage directly and incorporate contractual clauses to ensure compliance with the Modern Slavery Act.


5. Training and Awareness

We provide annual training to staff on recognising signs of modern slavery and understanding their obligations under our internal policies and UK law. We operate a zero- tolerance policy on slavery and human trafficking, which is communicated from the outset of a business relationship and maintained throughout, to our contractors and supply chain partners.

In 2025, we enhanced our training for our teams and incorporated real case studies to boost awareness.


6. Monitoring and Effectiveness

We assess the effectiveness of our anti-slavery measures through:

  • Internal audits;
  • Ongoing monitoring of whistleblowing reports (none relating to modern slavery in 2025);
  • Annual compliance reviews and regulatory audits.

We remain committed to improving our processes and increasing transparency across our operations and supply chains.


7. Board Approval

We are committed to the ongoing monitoring of our supply chain to assess risks related to modern slavery and trafficking, as well as to ensure adherence to our policies. New suppliers will be required to affirm their commitment to anti-slavery practices.

This declaration has received approval from the Board of Directors of B4B Payments and will undergo annual review.

Tom Jennings

Chief Executive Officer 1 August 2025

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© 2006 – 2025 Payment Card Solutions (UK) Limited trading as B4B Payments is a financial technology company authorised by the Financial Conduct Authority to conduct electronic money service activities under the Electronic Money Regulations 2011 (Ref: 930619). UAB B4B Payments Europe is authorised by the Bank of Lithuania as an Electronic Money Institution (Licence No: 76) under the Law on Electronic Money and Electronic Money Institutions 2011.

In Europe, Cards are issued by B4B Payments pursuant to license by Mastercard International Inc. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

All communications should be sent to: Europe – PO Box 76256, London, SW1P 9NU. USA – B4B Payments, 40 Washington Street Suite 150 Wellesley, MA. 02481.

B4B wants to ensure our customers know that their security is of the utmost importance. As such, we will never ask you to tell us your passwords, card PINs or One-Time Passcodes (OTPs).

At B4B Payments, we have taken all necessary steps to secure customer data and protect their privacy. Our systems have been designed with numerous layers of encryption and stringent firewalls. We use a combination of biometrics, two-factor authentication and other methods when customers access our services online or via our app.