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Everpay
Canada
14 May 2012 (13 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 Everpay
Company Information
Get to know Everpay
Everpay is an online, multinational payment transaction company that specializes in electronic payment solutions; providing a platform that allows for safe, secure payment transactions and money transfers to be made via the Internet. Online payment transactions have already gained popularity when shopping with credit cards and serve as an electronic alternative to paying with paper based methods, such as checks or money orders. With the advent of several technologies and Wi-Fi devices enabling the increased use of electronic payments Everpay has set very ambitious yet achievable targets in order to provide a new paradigm in the realm of financial service provision. The Organization’s immediate focus is to launch in North America, South America followed by Europe (EU)/ Asia and Russia by the end of this year’s 4Q. Everpay is legally structured as a manager-managed Limited Liability Company. Everpay is multilingual, open, mobile and social payment processing platform which will revolutionize the industry. The platform is an improvement in the way that the traditional payment processing business works and this is accomplished by keeping Everpay in a constant state of innovation.
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- Financial Other ServicePRIMARY
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