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Paystar
United States
2006 (19 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 Paystar
Company Information
Get to know Paystar
Paystar provides a network by partnering with leading banks, financial institutions, marketing companies, and payment operators. They provide financial institutions a complete solution so they may offer remittance services, merchant services, mobile payments, and payroll services to their customers. They are an independent payment and transfer system, not bound to any financial institution, mobile network, or any other payment operator. This allows Financial Institutions to offer Paystar services to any customer regardless of mobile phone model or network operator they are subscribed to. Paystar may partner with any institution that brings value to all partners. They comply with PCI and internationally accepted standards, as well as the specific regulations for individual countries in which we operate. Compliance is handled on a country-by-country basis, depending on the availability of reliable and governmental approved resources and procedures for user verification. The company was founded in 2006 and is based in Las Vegas, Nevada.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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