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Clearly Payments
Canada
2018 (7 Years)
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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 Clearly Payments
Company Information
Get to know Clearly Payments
Clearly Payments provides the lowest cost payment processing and credit card processing with world-class technology. Clearly Payments is the friendliest payment processor on Earth. That’s the goal. It's getting there by racing prices to the bottom and offering complete transparency on how it operates. Both of these things make traditional credit card processors nervous: change. Clearly Payments is the first payment processor to adopt a model of radical transparency, something the industry desperately needs. In the end, it provides the full payment processing solution to software vendors, medium to large businesses, and organizations looking to bring payments in-house. It believes nobody should be paying 2.9% and wait days to get their funds. The Clearly Payments vision is a world where payments are immediate, free, global, and frictionless. Clearly Payments helps businesses process payments by providing a merchant account, payment gateway, and payment hardware. It provides the ability to accept credit cards, debit cards, and even cryptocurrency: Visa, Mastercard, China Union Pay, American Express, Discover, Diners, debit, Bitcoin, etc. It supports online, brick and mortar, and back-office businesses with incredible end-to-end service on setting up and using payment systems while giving extra help along the way to grow your business.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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