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TiPJAR®
United Kingdom
2018 (7 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 TiPJAR®
Company Information
Get to know TiPJAR®
TiPJAR is the UK's leading cashless and contactless tipping platform, helping millions of restaurants, bars, hotels, and their staff easily collect and distribute cashless tips. Our mission: - Remove the pain of tip admin, compliance, and staff trust for hospitality operators by providing a B2B SaaS solution with the rails for multi-channel tip income and distribution - Provide a seamless, friction-free digital experience to help tipped workers earn more in a cashless society, bringing greater transparency and instant access to their tips - Deliver ROI for restaurant owners by connecting employee performance to employee reward, increasing staff retention, and improving owner/employee relations
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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