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YeePay
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01 Aug 2003 (22 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 YeePay
Company Information
Get to know YeePay
YeePay is a Chinese third-party payment service provider. YeePay is focused on innovating and promoting value-added financial services that enable consumers and merchants to make and receive payments securely, conveniently, and cost effectively. YeePay’s payment services provide a single platform integrating both online and offline electronic payments. It enables consumers and businesses to make and receive payments through the internet, mobiles, and telephones. Besides text-messaging payment service and mobile-prepaying service, YeePay launched a telephone-payment service that makes offline payments possible and that facilitates electronic payments for conventional industries. YeePay was founded by Beijing Rongtong Information Technology Corporation in August 2003.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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