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My-Payz
Israel
01 Jan 2016 (9 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 My-Payz
Company Information
Get to know My-Payz
My-Payz is a loan exchange incorporated as a payment means within shopping carts. The exchange will present a shopper with multiple lenders offers to finance the current shopping cart without burdening existing credit lines. The loan is executed immediately and funds are transferred directly to the merchant. The monthly payment is collected via customer's credit/debit card. My-Payz will convert many abandoned shopping carts into paying customers thus pushing overall conversion rates through the roof. My-Payz was founded by Asher Ben-David.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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