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JamboPay
Kenya
2009 (16 Years)
Last online: No recent activity
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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 JamboPay
Company Information
Get to know JamboPay
JamboPay is an online payment gateway that allows users to securely make and receive payments through mobile phone over internet. Through JamboPay,shoppers can pay for goods and services online while sellers can receive payments for purchases made online. It enables users to pay for bills, fees,make donations and other payments over the internet or on mobile phone. JamboPay allows for mobile payments such as M-PESA, Airtel Money, and YU-CASH, Bank payments, Visa and MasterCard Debit and Credit cards.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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