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Beyonic
Uganda
2013 (12 Years)
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Security Information
What are the differences in regulations for each
License
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 Beyonic
Company Information
Get to know Beyonic
Beyonic offers businesses a suite of cutting-edge digital payment services. The Beyonic platform is a simple and universal two-way payment management solution; it gives its customers access to 26 mobile payment networks and more than 20 banks in nine different countries, all centrally. For the past seven years, Beyonic has specialized in providing dematerialized payment solutions for managing personal projects and corporate budgets, such as payroll, change, communication credit, debt collection. payment and disbursement of corporate funds of any size or type.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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