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Avenues Payments India Pvt. Ltd.
India
03 Jan 2012 (13 Years)
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What are the differences in regulations for each
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Avenues Payments India Pvt. Ltd.
Company Information
Get to know Avenues Payments India Pvt. Ltd.
Avenues Payments India Pvt. Ltd was incorporated in the year 2012. Avenues Payments is headquartered in Mumbai, India. The company is majorly into providing remittance assistance to customers all around the globe. The company’s support and development center are based in Mumbai, India. Avenues Payments India Pvt. Ltd. is now being funded by India’s largest mobile wallet company, Paytm, and India’s only profitable and listed e-commerce company, Infibeam Avenues, amongst other investors. Infibeam Avenues has used its vast and long-standing experience in payments to now offer cross border transfers/payments to both individuals and businesses through Avenues Payments India Pvt. Ltd online website ( https://www.remitguru.com/ ) . It is a brand owned and run by Avenues Payment's India Pvt. Ltd. Remitguru.com is a personalized online remittance service specially created to meet the unique and diverse needs of the Indian diaspora living overseas. Avenue’s payment’s Remitonline ( https://www.remitonline.info/ ) provides money transfer software for banks and other business entities with a host of modules that enables them to launch their own remittance service with minimal capital expenditure and time to market.
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