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Payrexx
Switzerland
24 Jan 2014 (11 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 Payrexx
Company Information
Get to know Payrexx
Payrexx is the leading cloud-based, multi Payments & commerce platform designed for small and medium-sized businesses. Merchants can use the software to set up and manage their checkout, payment-pages and one page shops across multiple sales channels, including web, mobile, social media and marketplaces. The platform also provides merchants with a powerful back-office and a single view of their business. Payrexx offers also whitelabeling and co-branding solutions for financial companies.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Technology Software Development
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