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Payzello
India
2017 (8 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 Payzello
Company Information
Get to know Payzello
Payzello is India’s first ever Neo Banking Platform challenging the very definition of Banking in India. With our comprehensive features and services ranging from a single Card for both Debit and Credit to App based Credit to Money Transfer and Request Mechanism, end to end Expense Management, Bharat QR to three minutes' Account Opening Process and much more in a single click(and of course zero paperwork), we are here to ensure you never have to walk into a physical Bank ever again.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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