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WePay Financial Services
Israel
2018 (7 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 WePay Financial Services
Company Information
Get to know WePay Financial Services
WePay App is the most advanced payment application technology for transferring money between people, collecting group money, paying in businesses, receiving loans and balancing with your personal digital wallet. WePay is a safe and free app, no matter what bank your account is and which credit card you have, WePay is open to everyone. With WePay, you can easily pay in select businesses as well. All you need to do is Enter one of the businesses that receive a payment on WePay, attach your mobile to the Clearing device at the desk, and confirm the transaction and the payment was made. The WePay app supports the most advanced NFC and BLE technologies, enabling you to enjoy the most advanced payment experience. By attaching a mobile phone to a Clearing device at the business, the application receives a payment approval request, enter a password or confirm with a fingerprint or a smile and that is all! the payment was made and you are free to go. By downloading the app you will have a personal balance at Your personal Digital wallet, Any amount of money transferred to you will be credited to your balance and stored in your Digital Wallet. Your entire choice is whether to transfer the money to your bank account, or leave it in your wallet and use it.
Industry
- Financial Other ServicePRIMARY
- Financial PSP Gateway
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