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Boost Payment Solutions
United States
2009 (16 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 Boost Payment Solutions
Company Information
Get to know Boost Payment Solutions
Boost Payment Solutions is a leading B2B acquirer providing organizations with ground-breaking solutions and technology to optimize commercial card payments and acceptance making the migration of paper-based payments to electronic alternatives easy and seamless. Boost Intercept, the company’s innovative payment platform, streamlines commercial card payments by eliminating the need for suppliers to manually process transactions or access card data, expediting reconciliation and reducing the cost of acceptance. Boost Intercept enables suppliers to optimize their card acceptance by supporting “ghost” or single-use cards, without the need to log on to multiple portals, “hunt down” card data and manually process transactions; all of which are resource intensive and present potential data security issues.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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