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ZuumPay
Cameroon
12 Jan 2017 (8 Years)
Last online: No recent activity
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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 ZuumPay
Company Information
Get to know ZuumPay
ZuumPay is a global mobile payment and financial service application that offers wide range financial services for cross border payments and transactions. Rather than managing several services to achieve a single task, ZuumPay offers a One-Stop-Financial-Counter that allows users to achiev any financial task in real time from any part of the world at time with a push of a button. ZuumPay system supports tokens representing fiat currency, cryptocurrency, commodities, etc, given our users a complete access, management and control over their finances with a Reward Based Referral network.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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