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Global Processing Services
United Kingdom
2007 (18 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 Global Processing Services
Company Information
Get to know Global Processing Services
Global Processing Services is a provider of a platform that processes payments and manages credit, debit, or prepaid card transactions. The platform enables enable the payments industry to deliver innovations through a combination of proprietary technology. It's offering, the GPS Apex is an issuer processing platform that enables integration with clients, issuers, Program Managers, card manufacturers, and other service providers. GPS Apex helps transactions to be processed securely and reliably while enabling some of the innovations in the payments sector. Craig Dewar and Tony Kerr established GPS in Douglas, Isle of Man in 2007.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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