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payconiq
Luxembourg
2014 (11 Years)
Last online: No recent activity
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3.33
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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 payconiq
Company Information
Get to know payconiq
Founded in 2014, Payconiq is a mobile payment platform. Payconiq leads the transformation of the payment industry in Europe. They've created an app which can be used for omnichannel payments: in store, online, and between friends. Consumers benefit from quick and easy payments through their smartphone while merchants reduce checkout times and pay smaller fees per transaction than any other payment method. Payconiq is currently active in Belgium, the Netherlands, Germany and Luxembourg with local offices in each of these markets.
Industry
- Financial Electronic PaymentPRIMARY
- Financial Other Service
- Financial PSP Gateway
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