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PayFuture
United Kingdom
25 Nov 2020 (4 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 PayFuture
Company Information
Get to know PayFuture
PayFuture is an AI technology based innovative payment gateway connector offering the ability to connect to multiple local payment solutions in global emerging markets. Via one integration PayFuture’s switch/connector function allows online merchants instant availability to the most popular payment methods per region. As internet usage grows in these regions so does the opportunity for e-commerce merchants to enter these new markets and find previously untapped markets for growth. With AI and deep learning the PayFuture gateway offers competitive advantages in areas such as customer journey, increasing approval rates as well as conversion recovery to increase merchant’s revenue in these growth regions.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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