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HankookNFC
South Korea
19 Mar 2014 (11 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 HankookNFC
Company Information
Get to know HankookNFC
HankookNFC is a leading company in financial technology that provides proprietary NFC applied payment transaction technology and a mobile payment platform. Since the beginning of 2014, it has focused exclusively on payment and authentication with its patented NFC technologies. Hankook NFC has been providing a unique payment service in Korea , named PayApp, that enables small/individual sellers to accept credit cards or mobile payments through their mobile. Currently, Hankook NFC is making its utmost efforts to expand its service worldwide. SnappyWire, the global target branded service, is to be launched in the US market in September 2018. Hankook NFC will always do its best to create a new way of shopping and lead the cashless society. If you have any question or request, please send us an e-mail ([email protected])
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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