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PAYMILL
Germany
01 Jun 2012 (13 Years)
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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 PAYMILL
Company Information
Get to know PAYMILL
PAYMILL is a payment solution platform that enables online businesses to accept payments on their websites within a very short period of time. Its developer-friendly REST API allows its users to accept credit and debit card payments directly via their websites and mobile applications. The API gives its users full control over their checkouts so that they are able to deliver a user experience optimized for higher conversions. Additionally, it allows its users to handle more than 100 transaction currencies in one PAYMILL account. PAYMILL supports all major credit and debit card brands such as Visa, MasterCard, AMEX, JCB, CUP, Diners, Discover, and many others. It was launched in 2012.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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