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Loylap
Ireland
23 Apr 2013 (12 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 Loylap
Company Information
Get to know Loylap
LoyLap (www.loylap.com) is a provider of customisable payments for physical & omnichannel businesses. Our cashless payment technology integrates directly into POS systems enabling Merchants to receive data rich payments and reward customers effortlessly. LoyLap's mission is to evolve payments technology to bridge the physical & online world. We are the preferred payment technology company for customers ranging from single stores to global brands. Our business is driven by a passion for creative innovation, professionalism, & an unwavering commitment to handling our customer's payments & data responsibly. With our payments solution, each transaction becomes a channel for Merchants to understand their customer's behaviour. We deliver insights that enable our customers to increase revenue, profitability and customer intimacy.
Industry
- Financial Other ServicePRIMARY
- Financial PSP Gateway
- Technology Software Development
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