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Paym
United Kingdom
2013 (12 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 Paym
Company Information
Get to know Paym
Paym helps you pay your mates back quickly and easily using your current banking app. Forget asking for your mate’s sort code and account number (they probably won’t know either) and no more searching for a cash machine in the rain to settle up (not to mention the queues). Paym lets you pay back your family and friends using only their mobile number.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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