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SamePay App
United Kingdom
01 Mar 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 SamePay App
Company Information
Get to know SamePay App
SamePay App is a mobile wallet which challenges group payment arrangements, providing an app to share the costs among friends - or to divide the payment by taking the money from various accounts from third party Bitcoin and Paypal wallets. Each user can start a new payment from zero or queue a payment from a website to the app. The app also shows the list of all the past, pending and future payments. By inviting friends to join the payment the amount to pay decreases equally - or it can be set in order to satisfy all the people involved. Once the payment is agreed, SamePay App checks-out and splits the bill for all.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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