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Dapple Pay Wallet
United States
01 Oct 2018 (7 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 Dapple Pay Wallet
Company Information
Get to know Dapple Pay Wallet
Dapple Pay is a 21st Century Mobile "Banking" Platform that aims to eliminate oppressively high banking fees and retail "cashless" discrimination by allowing users to use their Smart Phones as their primary banking source, rather than their "classic" bank. In other words, having a primary bank is not necessary, thereby eliminating monthly rent charges, overdraft fees, payday loan and check cashing company abuse, and various other fee generating schemes. Utilizing a combination of various Asian "cashless" banking systems, like India's UPI, Dapple Pay was created to start a revolution that says, "People do not need to pay a bank to conduct day to day business." Dapple Pay is a small Startup created by 2 South Florida Civil Rights Attorneys who wanted to create a way to reduce the Florida's high and often undisclosed Child Support "tax" levied on child support payments. As their brainstorming expanded, these former financial services professionals reexamined the available mobile wallets and payment systems and realized that the over 25% of unbanked and underbanked americans, mostly Minorities and Immigrants, needed relief too. Dapple Pay Wallet was born. Upon launch, Dapple Pay will be available in iOS and Android devices. Dapple Pay can be used internationally, and where contactless (NFC) payment consoles are used. Additionally, Dapple Pay will be available in Ecuador, El Salvador, and all other locations where US Dollars are used as primary currency (except for Zimbabwe and all other OFAC banned countries.) Dapple Pay is PCI-DSS Compliant and soon will enable in-App Cannabis Sales transactions. Dapple Pay's Developers are UPI (system used in India) experts. Therefore, will be a leader in the United States, far exceeding the limits of Venmo, Cashapp, Apple, Samsung, and Google Pays combined.
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