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PayXpert
United Kingdom
2008 (17 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 PayXpert
Company Information
Get to know PayXpert
PAYXPERT is one of the most prominent fintechs in the payments sector. The firm was created in June 2009 due to the growing demand from businesses requesting a more robust, efficient and agile payment gateway than could be supported by banks across Europe. The company has become a leading fintech company, specializing in the development and provision of payment solutions for both physical and electronic (online) merchants, and acts as an acquiring bank, payment gateway and a payments technology developer within the payments industry. Registered as a Payments institution, PayXpert has offices in London, Lyon and Barcelona. PayXpert can operate as a trusted Payment Facilitator with its acquiring bank partners, giving the ability to contract directly with merchants for payment processing services, connect to banks to process the transactions, and remit transaction settlement to merchant bank accounts to complete the transaction processing cycle. Alternatively, PayXpert can act purely as a sales and technical solutions partner for acquiring banks and other payment gateways routing transactions to acquirers who process transactions and handle the remittance to the merchant. Also, PayXpert supports POS payment software development and can provide acquirers with card scheme certifications across several different POS hardware devices including PAX, Sunmi and Castle PayXpert is a direct member of payment Schemes such as Alipay, WeChat Pay and Mir and its payment gateway can support a wide range of APM’s. Additional payment Scheme memberships will be added early in 2021.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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