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Swipesumo Technologies
India
Jul 2015 (10 Years)
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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 Swipesumo Technologies
Company Information
Get to know Swipesumo Technologies
Swipesumo Technologies provides technologies and solutions to the users in digital payment space and mobile payment processing that aims at simplify the commerce through technology. It provides a full suite of Payment solutions viz. Payment Gateway, M Wallet, mPOS and Aaadhar Enabled Payment System (AEPS) built on its proprietary payment platform. Its focus is to create products around payments rather than just merchant aggregators. The company was founded in 2015 and is headquartered in Hyderabad, Andhra Pradesh.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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